Internalisation of externalities through policy interventions and business models and strategies and development of tools
Policy and value chain stakeholders’ engagement is crucial for understanding the motives and constraints and the feasibility of measures.
Besides the behavioural change of stakeholders, we will assess the effectiveness, efficiency, practical implementation and risks for policy measures, business model and strategy.
Furthermore, several pathways can be identified. Government can apply regulation, taxes, subsidies while businesses can apply the concept for internal decision making (investment decision, risk management etc), for steering the value chains and developing new contracts and in certification and labelling schemes. FOODCoST emphasizes that government and business each have their own role, with a strong interaction, strongly reinforced.
The output of the pillar will be the FOODCoST Policy modelling framework for INTERNALISATION and FOODCoST Business and Value chain INTERNALISATION tools be used in the case studies.
Recommendation for policy makers and businesses will be elaborated and integrated in the final FOODCoST Roadmap.
The action plan includes:
Reviewing of the current policy context and measures, of innovative value chain and business models and strategies, and development of new ideas that favour the internalisation of externalities.
Development of the FOODCoST Policy modelling framework for INTERNALISATION for assessing the impact of policies that internalise externalities along the food value chain.
Development of the FOODCoST Business and Value chain INTERNALISATION tool for assessing the impact of business models and strategies that enable the internalisation of externalities along the food value chain.