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.

New UNEP Report Outlines Steps to Mobilize Good Food Finance, Highlighting Exemplary Targets

UNEP’s Driving Finance for Sustainable Food Systems report outlines a roadmap for financiers to drive significant capital flows towards sustainable food systems, identifies actions to develop an enabling policy environment to promote sustainable finance, and highlights good practices demonstrated and promoted by the Good Food Finance Network’s High Ambition Group.

Article 6.8 of the Paris Agreement invites integrated data systems

To shift food-related finance to health-building, climate-smart and sustainable practices, investors and public sector decision-makers will need data. Decision-support data for finance that reduces harm and builds resilience, broadly, will need to qualify performance across multiple dimensions. Integrated metrics will be key to achieving an integrated and holistic investment transition. Article 6.8 of the ParisContinue reading “Article 6.8 of the Paris Agreement invites integrated data systems”

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”

GFFN addressing the finance gap during COP27: Now analyzed in UNEP’s newest State of Finance for Nature Report

The Good Food Finance Network is working to mobilize public and private financial actors to address the financing gap covered in UN Environment Programme’s 2022 State of Finance for Nature Report.

State of Finance for Nature 2022

By 2025, annual investment in Nature based solutions (NbS) needs to increase to US $384 billion, more than double the finance currently flowing into NbS (US $154 billion) according to the State of Finance for Nature 2022 report, published by GFFN Partner – UN Environment Programme, and Economics of Land Degradation (ELD) Initiative.

Sustainable Rice Landscapes Initiative report

This report explores the opportunities, needs and requirements to leverage private sector investment in sustainable rice landscapes. By improving the flow of capital into rice production, the private sector can help lower interest rates for new equipment, extend access to early warning systems, reduce food loss and improve access to climate-resilient seeds. This report was launched during the GFFN press conference and is a really concrete example of innovative and collaborative approaches to finance sustainable food systems.