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Climate-related development finance to agrifood systems

Global and regional trends between 2000 and 2021








Galbiati, G.M., Yoshida, M., Benni, N. & Bernoux, M. 2023. Climate-related development finance to agrifood systems Global and regional trends between 2000 and 2021. Rome, FAO. 




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    Book (stand-alone)
    Loss and damage and agrifood systems
    Addressing gaps and challenges
    2023
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    Agrifood systems are intrinsically linked to climate change and are particularly vulnerable to its impacts. Each year hundreds of billions of dollars’ worth of crops and livestock production is lost due to disaster events, undermining hard-won development gains and livelihoods for farmers. At the same time, agrifood systems are substantial contributors of emissions. As such, agrifood systems must play a central role in providing solutions for climate change – both adaptation and mitigation – while meeting the food security needs of present and future generations. The communities that support and depend on agrifood systems are on the front line of loss and damage associated with climate change. Loss and damage can generally be described as the negative impact of climate change that occurs despite mitigation and adaptation efforts. Addressing loss and damage in the agrifood system is crucial, given its importance for livelihoods and sustainable development. Taking collective action is essential to tackle loss and damage in agrifood systems to ensure that the livelihoods of the most vulnerable communities are adequately protected and food security needs are met. The purpose of this report is to stimulate discussions on the central role of agrifood systems in the loss and damage debate and identify the gaps in data, knowledge and finance that need to be addressed. The report provides an overview of the loss and damage concept, the status of analytical methodologies and tools, a summary of the reporting on loss and damage in nationally determined contributions (NDCs), an outline of the policy needs and some preliminary analysis of the financing needs. Overall, support to countries needs to be targeted and strengthened so that loss and damage in agrifood systems can be dealt with as early as possible. This support needs to ensure that no one is left behind while striving for better production, better nutrition, a better environment and a better life.
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    Booklet
    Achieving SDG 2 without breaching the 1.5 °C threshold: A global roadmap, Part 1
    How agrifood systems transformation through accelerated climate actions will help achieving food security and nutrition, today and tomorrow, In brief
    2023
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    In 2022, 738.9 million people faced hunger, nearly 2.4 billion in 2022 lacked regular access to adequate food, and over 3.1 billion could not afford healthy diets. The pandemic added 120 million to the number of the chronically undernourished. In 2030, an estimated 590.3 million will suffer hunger. The planet faces crises, exceeding safe limits on six of nine planetary boundaries, and much of them is due to agrifood systems, which contribute 30 percent of anthropogenic greenhouse gas (GHG) emissions and impede climate goals. Despite the Paris Agreement's aims, warming rates point to a serious gap in meeting targets. Agrifood systems appear to face a dilemma: intensifying efforts to increase productivity while endangering climate goals – or curbing production to reduce emissions. This perceived trade-off has led to inaction and emboldens climate action skeptics who argue climate action harms efforts to address global hunger and malnutrition. Agrifood systems should address food security and nutrition needs and facilitate a large number of actions aligned with mitigation, adaptation and resilience objectives under the larger umbrella of climate action. The climate agenda itself could and should transform agrifood systems and mobilize climate finance to unlock their hidden potential. In the unfolding narrative of our global commitment to transform agrifood systems, FAO embarks on a presenting a Global Roadmap; Achieving SDG2 without breaching the 1.5C threshold. FAO's roadmap involves an extensive process that spans three years, starting with COP 28 in 2023. It commences with a global vision for what ails agrifood systems today and goes on to explore financing options for the actions required, before culminating in a discussion of how to attract concrete investment and policy packages by the time COP 30 takes place. It also examines how to integrate technical assistance into our strategies while supporting sustainable investment plans. Our objective is to create a repository of both bankable and non-bankable projects in various domains.The In Brief version of the roadmap contains the key messages and main points from the report, and is aimed at the media, policy makers and a more general public
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    Policy brief
    Climate-related finance in the agriculture and land use sector between 2000 and 2020
    Brief update
    2023
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    This document is the yearly update of the FAO analysis, “Climate finance in the agriculture and land use sector – global and regional trends” and includes newly released data for 2020. Climate finance is a fundamental element of the global development agenda and has been accelerating in the past years. FAO analysis identified that between 2000 and 2020 the share of global climate finance in the agriculture and land use sector decreased, passing from an average of 45 percent of the total flows at the beginning of the millennium, to 22 percent in 2020. The total sum of contributions to the agriculture and land use sector between 2000 and 2020 amounted to USD 162 billion, representing 25 percent of the global climate finance flows to all sectors.

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