Plant-based meat is by far the best climate investment


According to one of the world's largest consulting firms, investments in plant-based meat alternatives have resulted in far greater reductions in climate-warming emissions than other green investments. The Boston Consulting Group (BCG) report found that investments in improving and expanding the production of meat and dairy substitutes resulted in three times as much greenhouse gas reductions as investments in green cement technologies and seven times as much as green buildings. times, eleven times that of a zero-emission vehicle.


Investments in plant-based meat alternatives have such a large impact on emissions because there is a big difference in the greenhouse gases emitted when producing conventional meat and dairy products versus growing plants. For example, beef emits six to thirty times more than tofu. Investment in alternative proteins, which also include fermented products and cellular meat, has jumped from $1bn (£830m) in 2019 to $5bn in 2021, BCG said.

Alternatives account for 2% of meat, egg and dairy sales, but on current growth trends will rise to 11% in 2035, the report said. This will reduce emissions by almost the equivalent of global aviation production. But BCG says meat substitutes will grow faster as technological advances lead to better products, production scales up and regulatory changes make marketing and sales easier.

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