Good Food Finance Week Outcomes: Driving change in food systems finance

This blog outlines solutions identified during the Good Food Finance Week to achieve a food systems transformation, highlighting best approaches, current financial innovation, the opportunity for both private and public financiers, and the need for standardizing science-based thinking and reporting through all aspects of the value chain.

HOT MONEY 40 financial institutions are funding a climate-changing agri-methane footprint

Read the report This report focuses on the 20 investors and 20 banks that are funding the methane-generating activities of 15 of the leading meat and dairy companies worldwide. Collectively these financial institutions fund a methane footprint that could exceed 503 Mt CO2e1 – nearly as big as the CO2 emissions of Saudi Arabia2. TheContinue reading “HOT MONEY 40 financial institutions are funding a climate-changing agri-methane footprint”

World Economic Forum Global Risk Report 2023

Read more The World Economic Forum’s Global Risks Report 2023 explores global risk trends over the next decade. Climate and environmental risks are the core focus of global risks perceptions – and are the risks for which we are seen to be the least prepared. In relation to the food and agriculture space, land-use changeContinue reading “World Economic Forum Global Risk Report 2023”

Integrity Matters: Net zero commitments by businesses, financial institutions, cities and regions

The report provides clarity in four key areas – environmental integrity, credibility, accountability and the role of governments. The 10 recommendations outlined in the report detail what non-state actors need to consider through each stage of their progress towards achieving net-zero ambitions and addressing the climate crisis.

IPCC Sixth Assessment Report

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.

State of Finance for Nature in the G20 Report

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.

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.