Financing the transformation to low-carbon and resilient global food systems will require much larger investments in climate-smart agriculture, specifically from domestic budgets and the private sector. To overcome this financing gap, it will be necessary to use international public finance (both development finance and climate finance) more effectively to develop enabling policies, leverage private capital and deliver adaptation and mitigation outcomes.
Blending public and private finance will be crucial in helping to achieve climate-smart agriculture objectives while meeting the risk-return profile of different investors. In addition, innovative financial mechanisms and delivery channels will need to be developed to ensure that smallholder farmers and agribusiness can access the capital they need to increase their productivity, build their resilience and help reduce greenhouse gas emissions.
The CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) works with leading public and private partners to contribute to achieving these goals.
More information on CCAFS' climate finance activities coming soon...