References

Breakthrough research efforts point to a fast-moving reinvention of food system finance.

This references page will provide a broad overview of relevant work from GFFN partners, Network members, Leaders, Catalysts, and the wider landscape of research into structural connections between food-related finance, the health of natural systems, and sustainable development imperatives.

Growing Better report from Food & Land Use Coalition

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.

EAT-Lancet Commission on Food, Planet, Health

The EAT-Lancet Commission on Food, Planet, Health brought together 37 world-leading scientists from across the globe to answer this question: Can we feed a future population of 10 billion people a healthy diet within planetary boundaries? The answer is yes, but it will be impossible without transforming eating habits, improving food production and reducing food waste.

The State of Finance for Nature

If the world is to meet the climate change, biodiversity, and land degradation targets, it needs to close a USD 4.1 trillion financing gap in nature by 2050. The current investments in Nature-based solutions amount to USD 133 billion – most of which comes from public sources. By taking profits of nature-based solutions, we can vastly improve human well-being and prosperity. Get the full report here.

A Multi-Billion-Dollar Opportunity: Repurposing agricultural support to transform food systems

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.

IPCC Special Report on Climate Change & Land

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. By 2015, about 500 million people lived within areas experiencing desertification since 1980. About two billion adults are now overweight or obese, with an estimated 821 million people undernourished. Related Planetary Health information here.

IPCC Working Group 1 report on the Physical Science Basis for the 6th Assessment

The contribution from Working Group 1 for the IPCC’s 6th Assessment Report focused on the Physical Science Basis for understanding and acting to mitigate human-induced global heating. The report examined observed change and mapped 5 futures scenarios, finding that only in the most ambitious case will we be able to limit warming to 1.5ºC or lower by the end of this century. United Nations Secretary-General Antonio Guterres called the report “a code red for humanity”. He called for urgent, global cooperation to “avert climate catastrophe”.

Making Finance Work for Food: Financing the Transition to a Sustainable Food System

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 Case for Repurposing Public Support to Agriculture

The global food and agriculture sector receives more than US$700 billion in public support each year, but much of this is not currently geared toward addressing this challenge. This policy brief explains how countries support their food and agriculture sectors, why much of this financial assistance is in need of repurposing, and what this process looks like in practice.

Food Finance Architecture

Policy brief—from UN Food Systems Summit Finance Lever co-leads World Bank, IFPRI, and the Food and Land Use Coalition—lays out 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.

Scaling up critical finance for sustainable food systems through blended finance

Discussion paper offers a 6-point action plan to increase investment in sustainable food systems. All 6 recommended actions are simple but critical, fully within the control of the development community and can be realized within the next 18 months using existing financial resources. Read more from Rabobank / from GFFN.