This is supported by a current report by the social business working on sustainable development, Asia Research & Engagement (ARE).
The paper claims that the food industry's profitability and financial stability are being put at increasingly greater risk by emissions from the production and sourcing of animal proteins.
Livestock is a major source of protein in most markets, but it requires more land and resources than plant-based diets and is an energy-intensive source of protein, accounting for 68% of emissions in the food business.
Dr. Kate Blaszak, director of Protein Transition at ARE, noted that there is an urgent need for protein source diversification to reduce carbon emissions, given that the world's protein consumption increased by 45% in the first two decades of this century, with Asia accounting for 60% of the growth.She asserted that if we don't transition, we won't accomplish the objectives of the Paris Agreement.