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Discussions at the 2022 Bonn Climate Change Conference (SB56) illustrate that climate-aligned food-related finance is becoming a priority for local communities, national governments, and international cooperation.
GFFN Partner World Business Council for Sustainable Development (WBCSD) and Stokholm Environmental Institute (SEI), in close collaboration with GFFN Partner United Nations Environment Programme (UNEP) launched the Stockholm Action Agenda initiative, outlining priorities and recommendations for action in key sectors, including food and agriculture.
Opinion piece produced by Farm Animal Investment Risk & Return (FAIRR), GFFN Founding organization, highlighting the Panel on Fiscal and Agricultural Support Policies to Address Climate and Food Security.
During the Good Food Finance Week, the GFFN proposed a Co-Investment platform to tackle global food security challenges and announced Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), and Wiebe Draijer, CEO of Rabobank as GFFN Co-Chairs. They will provide strategic guidance and serve as high-level leaders representing public, private, and multilateral sectors.
Food System Transformation in Turbulent Times – Interview with GFFN Partners WBCSD and Food Systems for the Future
Expert Interview featuring GFFN Principals & core partners Diane Holdorf – Executive Vice President at World Business Council for Sustainable Development (WBCSD) & Ertharin Cousin – CEO and Founder of Food Systems for the Future (FSF) discuss the urgen need for a fast response to food systems transformations and the importance of adequate and accessible financing.
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 Discussion paper from the CGIAR Research Program on Climate Change, Agriculture, and Food Security (CCAFS) presents a snapshot of current challenges and opportunities associated with blended finance and calls for a radical sectoral shift in agriculture, using commercial banks, development finance institutions and other financial intermediaries as enablers for food systems transformation. It provides a situation analysis and a proposed action plan that was discussed in-depth during the GFFN Event ‘Strengthening collaboration between private and public banks to scale up finance for sustainable food systems”.
‘Food Finance Architecture: Financing a Healthy, Equitable and Sustainable Food System’ report launched at UN Summit
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.
PRESS RELEASE — An international group of finance leaders are coming together to accelerate the mobilization of finance for healthier, more sustainable, and inclusive food systems. 21 September 2021—As the world is preparing for the landmark United Nations Food Systems Summit on 23 September 2021, finance leaders who have recognized the vital role of foodContinue reading “Finance leaders join forces to launch Good Food Finance Network”
EVENT — The 2nd Good Food Finance High-Level Leaders Roundtable took place on Monday, 20 September 2021, and launched the Good Food Finance Network. Network members will collaborate toward instrumentation of a global transition to finance for sustainable food systems. Food systems as they are now generate trillions of dollars in unfunded hidden costs—degrading climateContinue reading “2nd Good Food Finance High-Level Leaders Roundtable”
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.