Climate transition in agriculture will need the support of banks
It has been just a few weeks since thousands gathered in Sharm El Sheikh, Egypt for the annual United Nations Climate Change Conference of the Parties (COP27).
It has been just a few weeks since thousands gathered in Sharm El Sheikh, Egypt for the annual United Nations Climate Change Conference of the Parties (COP27).
In this report, the Banking for Impact on Climate in Agriculture (B4ICA) initiative aims to supplement existing guidance by providing banks with clear, pragmatic, and practical recommendations for setting targets to support companies within their agriculture sector portfolios to reduce GHG emissions, with special focus on farms.
The Restoration Actions framework will help answer the need for harmonization in the ecosystem restoration field by aligning and amplifying action for maximized impact at scale.
Assessing climate transition risks and testing the resilience of strategies and business models depends on exploring how the future could unfold. Scenario analysis is an important tool for understanding how companies might perform under different plausible climate futures.
The tool will explore plausible futures and help companies understand climate risks and opportunities.
At this year’s United Nations Climate Change Conference (COP27) WBCSD underscored the urgent need for the private sector to sharpen accountability, raise ambition and deliver action at speed and scale.
SCF composed of six major agribusinesses – ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and Viterra – is at the forefront of mobilizing partnerships that identify, invest in and scale solutions to eliminate deforestation and land conversion from soy production, and incentivize sustainable land use in Brazil and beyond.
Targeted investment partnerships are vital to achieving sustainable and equitable rice production, concludes a new report launched at COP27.
Rice production is crucial for global food security and nutrition, and provides livelihoods for nearly a billion people.
Fourteen of the world’s leading agri-commodity companies have today set out a shared roadmap outlining how they will work towards reducing emissions from land use change.