Join leaders in public and private climate finance to accelerate the transition towards low-carbon and resilient global food systems
To identify opportunities and innovative solutions to leverage capital and finance the transformation of global food systems.
Financing low-carbon and climate resilient global food systems will require a paradigm shift in financiers' investment decision-making process. As climate change affects agriculture, forestry and land-use, it is becoming critical for public and private financiers to assess the climate-related risks they face, and identify sustainable and financially attractive pathways to transform global food systems.
During this session, public and private industry leaders in the agriculture, forestry and land-use finance space will discuss key opportunities and innovations to help leverage the finance needed to transform global food systems. The session will consider some of the key global trends—policy, technology, etc.—and uncertainties that financiers in the global food system may face in the future (2040), and identifying promising opportunities to finance such transformation. Particular emphasis will be placed on identifying innovative solutions (i.e. partnerships, financial mechanisms, delivery channels, etc.), and the roles that actors along the agriculture value chain must play. The session will also explore how to foster collaboration among key actors and promote leadership to create a multiplier effect.
Martien van Nieuwkoop, Director, Agriculture Global Practice, World Bank
Making Public Support to Agriculture Climate Smart – Unlocking the potential of $600bn per year in subsidies to achieve positive climate outcomes
Andre de Jager, Managing Director, SNV
Achieving food systems transformation – addressing the financing gap
Focused questions: What are the opportunities to achieve food systems transformation and leverage finance?
Moderator: Alberto Millan, CCAFS Senior Climate Finance Specialist
Margarita Astralaga, Director, Environment, Climate, Gender and Social Inclusion Division, IFAD
IFAD's approach to leverage private climate smart investment at scale to catalyze global food systems transformation.
Marc Sadler, Practice Manager, Climate Funds Management, World Bank
Importance of financing sustainable land-use and zero deforestation supply chains to transform global food system
Angela Falconer, Associate Director, Climate Policy Initiative (CPI)
Role of innovative financial mechanisms to mobilize private investment
Bernhard Stormyr, Head of Sustainability Management, YARA International
Financing low-carbon and resilient food systems: Cost effective opportunities to secure smallholder access to climate-smart inputs
Moderated Discussion panel
Moderated Q&A with audience
Marjolijn Sonnema, Vice Minister, Ministry of Agriculture, Nature and Food Quality, Netherlands
Final remarks and wrap up
This event is part of the Agriculture Advantage 2.0 event series at COP24, a collaborative effort of more than 15 organizations with the mission to transform agricultural development in the face of climate change. Click here to see the series of events at COP24.
- CCAFS briefing: A 6-part action plan to transform food systems under climate change, available in 2 formats: Exposure story with animated graphics | downloadable Info Note
- CCAFS webpage: Invest in climate change and agriculture
- CCAFS working paper: Climate change mitigation and food loss and waste reduction: Exploring the business case
- CCAFS working paper: Access to and supply of finance for enhancing dairy productivity
- IFAD and CCAFS report: The Business Advantage: Mobilizing private sector-led climate actions in agriculture
Find out what happened at the event:
- Summary blog: Food Systems Finance Advantage: enabling scaled climate action
- Web recording (click "Join the event" to watch)