The insights from FOODCoST show that accounting for hidden costs and impacts in food production requires a systemic approach. This depends, for example, on how companies across the food value chain collaborate, how costs and benefits are distributed, whether positive impacts - such as benefits for nature and the climate - are rewarded, and whether businesses receive the right support, including financing, practical tools and favourable market conditions.
All knowledge, tools and reports developed through the project are available on the FOODCoST website. Below, we highlight several key resources for businesses looking to start working with true pricing.
This guide translates the insights from the FOODCoST project into practical applications for the Netherlands. Drawing on examples from companies participating in Future Up’s Food & Agriculture programme, it shows how businesses can already take concrete steps. For example, by gaining a better understanding of the true costs and impacts of food production and incorporating these insights into decisions about products, processes and collaboration across the value chain.
This factsheet from the FOODCoST project helps businesses better understand the hidden costs in their food value chains and take concrete action. Through practical recommendations, it shows how companies can work step by step to reduce negative impacts, increase positive impacts and strengthen collaboration across the value chain. The key message: do not wait until everything can be measured perfectly. Start with the biggest risks and opportunities in your value chain.
This publication from the FOODCoST project (Deliverable 3.3) outlines the tools businesses can use to better incorporate the true cost of food into their decisions. Covering measurement methods, True Cost Accounting, financial instruments, decision-making models and practical examples, it provides guidance on selecting suitable strategies and business models, measuring external costs and benefits, and integrating them into financial and strategic decision-making.