Failure to address the underlying causes of climate change such as the way food is produce and consume food will cost the already fragile world economy $16-trillion by 2050 if current trends continue, an environmental lobby group Food and Land Use Coalition (FOLU) said in a report.

The report by the international grouping aimed at fighting climate change  was published on Monday. It said the ways in which people produce and consume food and use land accounts for $12-trillion a year in hidden costs to the environment, human health and development.

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