News Snapshot:
BofA Securities ESG strategist Dimple Gosai published a report estimating that climate change will soon result in US$50-billion in agricultural-related losses annually. U.S. crop destruction in wheat will potentially climb 50 per cent as warmer winters give rise to more invasive pests. The report is full of eye-opening statistics and projections that include: Pesticide use in the U.S. exceeds one billion pounds annually Climate change has already wiped out approximately seven year of productivity improvements in agriculture The global population is expected to increase by two billion people by 2050, requiring food production in the next four decades exceeding all...