A 2022 study found that food production accounts for over a quarter (26%) of global greenhouse gas emissions, and around 60% comes from meat production. Cultivated meat — which is meat grown in a lab from animal cells taken without slaughtering an animal or the need for intensive farming — offers an alternative. However, the only countries with regulatory approval for human consumption are Singapore, the US and Israel.

“There’s this perverse situation where Europe is so much more forward-thinking than most of the US when it comes to climate change and challenges around sustainability. The food system is one of the biggest burdens from greenhouse gas emissions and deforestation — but Europe is completely anti-application of biotechnology to food production,” says Anthony Chow, partner at publicly listed investment company Agronomics, which backs cellular agriculture.

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