A recent study by researchers at Wageningen University and Wageningen Economic Research within the framework of the GeneBecon initiative underscores the importance of speeding up the transfer of agricultural R&D, particularly in genome editing (GE), to improve global food security.
Published in the journal GM Crops & Food, the research identifies the substantial economic and agricultural costs associated with regulatory delays in the adoption of GE technologies. Such delays impede productivity advancements and impose significant opportunity costs. GE technologies possess the capacity to improve key agronomic traits, including pest resistance, yield enhancement, and nutritional fortification, thus representing a transformative avenue for advancing global food security
Using the MAGNET model, researchers explored the impact of faster R&D transfer on global agriculture and economies under two scenarios: high-income countries and global acceleration. Results show that while the EU and the US would benefit economically, middle- and low-income nations like China and India would gain the most, highlighting the benefits of a coordinated global effort.
The study quantifies economic losses from GE adoption delays, for instance, the EU is projected to lose up to $158 billion from 2020 to 2030 without accelerated R&D, whereas China could gain $358 billion with faster adoption.
Accelerated R&D transfer is anticipated to drive significant increases is expected to boost agricultural productivity, GDP, societal welfare, and food affordability, with improved caloric availability and increased unskilled labour wages relative to cereal prices.
The researchers advocate for a re-evaluation and simplification of the regulatory frameworks governing GE technologies. Streamlined regulatory pathways are essential for sustainable agricultural development and tackling global food insecurity delineated in the study.
Po Policymakers, governments, and all stakeholders, this is your opportunity to make a difference. Explore the full study to uncover actionable insights and data that can drive transformative policies and solutions for sustainable agriculture. Together, we can shape a more secure and equitable food future
Access the study here!