Current:Home > InvestClimate change will make bananas more expensive. Here's why some experts say they should be already. -Summit Capital Strategies
Climate change will make bananas more expensive. Here's why some experts say they should be already.
View
Date:2025-04-17 10:45:30
London — Industry experts say the price of bananas globally is very likely to rise due to the impact of climate change — but some believe paying more for bananas now could mitigate those risks.
Industry leaders and academics gathered this week in Rome for the World Banana Forum issued a warning over the impact climate change is having on production and supply chains on a global scale. But some also suggested that price hikes on grocery store shelves now could help prepare the countries where the fruit is grown to deal with the impacts of the warming climate.
As temperatures increase beyond optimal levels for banana growth, there's a heightened risk of low yields, Dan Bebber, a British professor who's one of the leading academics on sustainable agriculture and crop pathogens, told CBS News on Tuesday from Rome.
"Producers like Guatemala, El Salvador, and Costa Rica, will see a negative impact of rising temperatures over the next few decades," he said. Some other countries, including major banana producer Ecuador, currently appear to be in a "safe space" for climate change, he added.
Aside from growing temperatures, climate change is also helping diseases that threaten banana trees spread more easily, in particular the TR4 fungus. It's been described by the forum as one of the "most aggressive and destructive fungi in the history of agriculture."
"Once a plantation has been infected, it cannot be eradicated. There is no pesticide or fungicide that is effective," Sabine Altendorf, an economist focused on global value chains for agricultural products at the United Nations' Food and Agriculture Organization (FAO), told CBS News from the forum.
Increases in temperature and catastrophic spells of disease risk putting pressure on the supply chains of the fresh fruit, which drives up prices. But Bebber said consumers should be paying more for bananas now to prevent the issue from getting worse.
Higher prices "will help those countries that grow our bananas to prepare for climate change, to put mitigation in place, to look after soils, to pay their workers a higher wage," he said. "Consumers have benefited from very, very cheap bananas over the past few decades. But it's not really a fair price, so that is really something that needs to be looked at."
Altendorf agreed, saying growers were producing the popular fruit "at very, very low prices, and are earning very low incomes, and in the face of the threat of climate change and all these increasing disasters, that is, of course, costly to deal with."
"Higher prices will actually not make a big difference at the consumer end, but will make a large difference along the value chain and enable a lot more environmental sustainability," she said.
- In:
- Guatemala
- Climate Change
- Food & Drink
- Agriculture
- costa rica
- Global warming
- Go Bananas
- Ecuador
veryGood! (7412)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Ghost gun manufacturer agrees to stop sales to Maryland residents
- Massive sun-devouring black hole found 'hiding in plain sight,' astronomer say
- West Virginia bill allowing librarians to be prosecuted over 'obscene' books moves forward
- A White House order claims to end 'censorship.' What does that mean?
- Master All Four Elements With This Avatar: The Last Airbender Gift Guide
- 'Extremely devastated and angry': WWE's Shotzi has torn ACL, will be out for 'about 9 months'
- Family friend of Texas girl Audrii Cunningham facing charges in 11-year-old’s death, prosecutor says
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Indiana lawmakers join GOP-led states trying to target college tenure
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Alabama seeks to carry out second execution using controversial nitrogen gas method
- Foreigner founder Mick Jones reveals Parkinson's diagnosis amid farewell tour absences
- Churches and nonprofits ensnared in Georgia push to restrict bail funds
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Financially struggling Met Opera to present 18 productions next season, the fewest since 1980-81
- Solange toys with the idea of a tuba album: 'I can only imagine the eye rolls'
- Ruby Franke and Jodi Hildebrandt sentenced to up to 30 years in prison in child abuse case
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
'Hotel California' trial: What to know criminal case over handwritten Eagles lyrics
Barry Keoghan gets naked for Vanity Fair Hollywood cover issue, talks 'Saltburn' dance
Ewen MacIntosh, actor on British sitcom 'The Office,' dies at 50: Ricky Gervais pays tribute
Federal hiring is about to get the Trump treatment
'Ordinary Angels' star Hilary Swank says she slept in car with her mom before her Hollywood stardom
Artist Michael Deas on earning the stamp of approval
Alex Morgan returns to USWNT after Mia Fishel injury, and could play in Gold Cup opener