Global Alliance for the Future of Food’s Post

💰 It’s time for a climate finance reset at #COP29Azerbaijan! 🌍 Food systems are vital for a sustainable future but remain critically underfunded. While public climate finance has increased overall, the portion allocated to food systems has dropped to just 2.5%, and sustainable food systems receive just 1.5% of public climate finance❗ This new report, developed together with the Global Alliance for the Future of Food, reveals the urgent need to scale up climate finance by 10x to $500B annually to transform food systems and build resilience for those on the frontlines of the crisis—smallholder farmers, fishers, and Indigenous Peoples. 🌱 Key actions for resilient food systems include: ✅ Phase out fossil-fuel-based agrochemicals ✅ Shift to renewable energy in food processing ✅ Redirect harmful subsidies toward sustainable practices like agroecology ✅ Support local and Indigenous food systems The New Collective Quantified Goal (#NCQG) is a pivotal opportunity to channel resources where they’re needed most—food systems adaptation and mitigation. 📖 Discover actionable strategies to drive impactful change: https://lnkd.in/dMnKcddZ #ClimateFinance #ClimateAction #FoodSystemsTransformation COP29 Azerbaijan haseeb bakhtary Sara Minoli Lauren Baker Matheus Alves Zanella