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A group of leaders in the agriculture and food industries is launching a national alliance to work toward achieving net zero in Canada’s agri-food sector by 2050.
The Canadian Alliance for Net-Zero Agri-food includes companies such as Royal Bank of Canada, Loblaw Cos. Ltd. and Maple Leaf Foods Inc., as well as organizations like the University of Guelph’s Arrell Food Institute.
In a press release, the alliance says if the agri-food sector continues along its current trajectory, its emissions could reach 196 million tonnes by 2050, representing 19 per cent of Canada’s total emissions.
The alliance’s first two initiatives are focused on advancing climate-smart agriculture and growing a national network to produce biogas.
David Hughes, chief executive of non-profit The Natural Step Canada, says in the press release that Canada is primed to become a ’global beacon of sustainable agriculture.’
The alliance says it’s aiming to advance technology, policy, infrastructure and funding needed to help the agri-food sector work toward net zero.
Former Bank of Canada governor Mark Carney has accused Rishi Sunak of questionable economics over his decision to postpone environmental measures and start drilling for oil in the North Sea.
Speaking to The Policy Institute at King’s College London, Carney said the U.K. prime minister’s plans to delay a ban on new petrol and diesel vehicles was “disappointing” and that the new stance on climate action may deter investment in the U.K.
Approving a drilling licence for the Rosebank oil field and promising more “can be called into question from an economic perspective, let alone an environmental one,” he added.
Carney, the United Nations special envoy on climate action, has led global efforts to
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