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Abstract
The unremitting trends of increasing population, urbanization, diminishing water supply, and continuing climate change have contributed to declining stocks of arable land per person. As land resources for agriculture decrease, policy makers are faced with the challenge of sustainability and feeding the rapidly growing world population which is projected to reach approximately 9.7 billion in 2050. Solutions for improving future food production are exemplified by urban vertical farming which involves much greater use of technology and automation for land-use optimization. The vertical farm strategy aims to significantly increase productivity and reduce the environmental footprint within a framework of urban, indoor, climate-controlled high-rise buildings. It is claimed that such facilities offer many potential advantages as a clean and green source of food, along with biosecurity, freedom from pests, droughts, and reduced use of transportation and fossil fuels. In this article, the issues involved are evaluated together with potential advantages and disadvantages. Possible implications are identified for consideration by policy makers and to facilitate further economic analysis.
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1 School of Engineering, University of Melbourne, Parkville, Victoria, Australia;; Department of Economic Development, Jobs, Transport, and Resources (DEDJTR), State Government of Victoria, AgriBio Centre, Bundoora, Victoria, Australia
2 Department of Economic Development, Jobs, Transport, and Resources (DEDJTR), State Government of Victoria, AgriBio Centre, Bundoora, Victoria, Australia