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In today’s update on #privatesectorinnovation: What’s our first promising domain, and how can we unlock its potential? Our first domain is 𝗽𝗹𝗮𝗻𝘁 𝗻𝘂𝘁𝗿𝗶𝘁𝗶𝗼𝗻. This domain is heavily reliant on synthetic fertilisers and plagued by high greenhouse gas emissions and market concentration. Innovations in fertiliser production and nutrient use efficiency could revolutionise it! Just check this out: current nitrogen fertiliser production practices account for around 𝟐% 𝐨𝐟 𝐡𝐮𝐦𝐚𝐧-𝐜𝐚𝐮𝐬𝐞𝐝 𝐠𝐫𝐞𝐞𝐧𝐡𝐨𝐮𝐬𝐞 𝐠𝐚𝐬 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬. Decarbonising this fertiliser production would have a truly transformative effect on emissions and come with a host of climate benefits. 🤝 But…existing 𝐥𝐨𝐜𝐤-𝐢𝐧𝐬 prevent the widespread adoption of emerging technologies.🤔 Because... (1) Significant market concentration hinders the plant nutrition domain, with a few large corporations dominating production and having access to advanced technologies. (2) In this domain, corporate financial accountability is minimal, with environmental impacts not appropriately measured or regulated. (3) High costs of research and safeguarding new innovations fall on first movers! This discourages companies from actually pursuing sustainability. Unfortunately, the result is that new innovations struggle to get traction… So, what are our 𝐥𝐨𝐜𝐤𝐩𝐢𝐜𝐤𝐬? To unlock the potential of the plant nutrition domain, the most important action may be to advocate for true cost accounting - meaning all hidden impacts on the environment, society, and health are included! Integrating this approach for an entire industry, however, will take time, research, and serious dedication from NGOs and policymakers alike. In the meanwhile, introducing short-term green energy subsidies for climate-friendly production can buy valuable time. By increasing the profitability of climate action, we can build good habits until the larger transformation is complete. 🎈 🎉 Stay tuned for part three in our #privatesectorinnovation series 👀 🔎 To dive deeper into the specific actions Clim-Eat recommends, visit the full summary of our just-published paper 👉 https://lnkd.in/eWyUJ5xe 𝘊𝘭𝘪𝘮-𝘌𝘢𝘵 𝘩𝘢𝘴 𝘪𝘥𝘦𝘯𝘵𝘪𝘧𝘪𝘦𝘥 𝘴𝘰𝘮𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘱𝘳𝘰𝘮𝘪𝘴𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘪𝘦𝘴 𝘪𝘯 #plantnutrition. 𝘠𝘰𝘶 𝘤𝘢𝘯 𝘭𝘦𝘢𝘳𝘯 𝘮𝘰𝘳𝘦 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦𝘮 𝘩𝘦𝘳𝘦: https://foodsystems.tech/

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