The IPCC is now in its sixth assessment cycle, in which the IPCC is producing the Sixth Assessment Report (AR6) with contributions by its three Working Groups and a Synthesis Report, three Special Reports, and a refinement to its latest Methodology Report, presenting the most advanced and recent knowledge on global warming and climate change while highlighting the responsibility of humans in the latter. The most recent IPCC report 2022 warned that the world is set to reach the 1.5ºC level within the next two decades and said that only the most drastic cuts in carbon emissions from now would help prevent an environmental disaster.
The State of Finance for Nature in the G20 report attempts to capture the complete amount and future need for G20 country spending on nature-based solutions assets and activities. It reveals that current G20 investments in nature-based solutions are insufficient, at USD 120 billion/year, and G20 Official Development Assistance and private sector investments are small when compared with domestic government spending. It builds on the global report ‘State of Finance for Nature – Tripling Investments in Nature-Based Solutions by 2030’ released in 2021, which calls for closing a USD 4.1 trillion financing gap in nature-based solutions.
The United Nations Food Systems Summit launched the ‘Food Finance Architecture’ publication and policy brief, outlining the building blocks for how banks, investors, development institutions, companies, farmers, and governments can shift capital out of high-carbon, unequal, extractive food assets and into inclusive, climate-smart, circular business models that benefit the people and planet.
This joint FAO-UNDP-UNEP report calls for governments to rethink the way agriculture is subsidized and supported. The majority (87%) of $540 billion of support to agricultural producers is either price distorting or harmful to nature and health. Repurposing this support can help transform food systems and achieve the SDGs.
This Finance for Biodiversity (F4B) report is the first to cover the interplay between food and finance. It has been prepared in the context of F4B’s collaboration with the Food System Economics Commission (FSEC), and as a contribution to the UN Food Systems Summit, as well as ongoing international climate and biodiversity negotiations.
The State of Finance of Nature tracks global trends in public and private investment in nature-based solutions, aiming to improve data quality and identify opportunities for governments, businesses and financiers. This year’s report calls for investments in nature-based solutions to triple by 2030 and to increase four-fold by 2050 from the current level. While an increase in public funding would help plug some of the gap, there needs to be a significant increase in private sector investment in Nature-based solutions.
The IPCC Special Report on Climate Change and Land found that consumption of food, feed, fibre, timber and energy have caused unprecedented rates of land and freshwater use, with soil erosion from agriculture up to 100 times higher than the soil formation rate, increasing net GHG emissions and loss of natural ecosystems and biodiversity.
The EAT-Lancet report is the first full scientific review of what constitutes a healthy diet from a sustainable food system, and which actions can support and speed up food system transformation.
The Food and Land Use Coalition (FOLU) report ‘Growing Better: Ten Critical Transitions to Transform Food and Land Use’ details critical steps for transforming food systems and achieving a future of sustainable land use. It found food systems generate $12 trillion per year in “hidden” environmental, health and poverty costs, leaving us with net costs of $2 trillion per year, globally.