Evaluating food systems in a holistic way is paramount to their transformation. Recent initiatives show how true cost accounting can help achieve that transformation at policy, product, organizational, farm, and investment levels.
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L.B. is an unpaid member of the Transformational Investing in Food Systems (TIFS) Steering Committee. G.C. declares no competing interests. A.D.G.R. is a salaried executive director, co-founder and co-owner of the Impact Institute. A.J. is a salaried staff member of the Sustainable Food Trust.
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Baker, L., Castilleja, G., De Groot Ruiz, A. et al. Prospects for the true cost accounting of food systems. Nat Food 1, 765–767 (2020). https://doi.org/10.1038/s43016-020-00193-6