According to a recent report from the Boston Consulting Group, a dollar invested in alternatives to animal products provides a far better return to the climate than electric vehicles and other initiatives.
Animal agriculture represents around 15 percent of global greenhouse gas emissions, equivalent to the whole transportation sector. Since a lot of those emissions come in the form of methane, a more potent but shorter lived greenhouse gas, any reduction in animal products now will have long lasting benefits.
By 2035, they estimate that alternatives to animal proteins (foods made from plants or animal cells) will reach 11 percent of market share. Venture capital reached $5 billion in 2021.
If we remain on track for an 11% share for alternative proteins by 2035, we will see a reduction of 0.85 gigaton of CO2 equivalent (CO2e) worldwide by 2030—equal to decarbonizing 95% of the aviation industry. In…
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