Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by Paul Donovan, Managing Director and Global Economist at UBS Investment Bank, and Julie Hudson, Managing Director, SRI & Sustainability at UBS Investment Bank.

The global economy is at a dangerous stage of human development. The (relative) cornucopia of plenty has bred a sense of complacency about food that is certain to be challenged by the economic and environmental circumstances of the next generation. The way we eat now is financed by a considerable borrowing of environmental credit.