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.
CCAFS works with leading public and private partners to contribute to achieving these goals.
- Webpage: Invest in climate change and agriculture
- Working paper: Climate change mitigation and food loss and waste reduction: Exploring the business case
- Working paper: Access to and supply of finance for enhancing dairy productivity
- Report: The Business Advantage: Mobilizing private sector-led climate actions in agriculture