A year after the launch of the Good Food Finance Network (GFFN), the GFFN principals and co-chairs met businesses and investors during Climate Week NYC 2022 to demonstrate the progress made and invite them to join the network to unlock finance for sustainable and climate-resilient food systems. “Financial institutions, be it asset managers, commercial banksContinue reading “Bringing good food finance on the Climate Agenda at Climate Week NYC”
Tag Archives: finance
Bonn climate talks signal need for good food finance
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.
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.
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.
Scaling up finance for sustainable food systems through blended finance: six catalytic actions
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.
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.
The State of Finance for Nature Report
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 Case for Repurposing Public Support to Agriculture: Policy Brief
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 produced by Just Rural Transition (JRT) 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.
Good Food Finance Network 