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Nobody wants the food they consume to have destroyed forests, habitats, and wildlife on its way to their plate, and yet the system that underpins our global food supplies today continues to be one of the biggest drivers of biodiversity loss and climate change worldwide. These three levers are in part interdependent," it adds.
In the UK, and other parts of Europe, EVs are the fastest growing segment of the car market, with numerous countries committed to phasing out fossil fuel vehicle sales altogether within the next decade. Governments have been reluctant to date to encourage people to eat less meat or introduce policies such as meat taxes.
The British market for plant-based food is already one of the largest in Europe, with some estimates expecting meat-free sales to exceed £1.1bn in 2024, up from £582m in 2014. Eating sustainably needn't cost a fortune and lots of people making small changes to their diet can make a big difference for our planet.".
Some of the investments that the IFC made were simply outrageous for an organization that has committed to align its investments with the Paris Agreement and the Global Biodiversity Framework. Some banks are already supporting their uptake – for example, the European Investment Bank is investing in plant-based meatalternatives.
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