Agricultural subsidies are estimated to exceed USD $635 billion per year and offer a considerable source of public finance. However, while subsidies often aim to assure producer livelihoods, enable price stability, lower prices for consumers to safeguard food and nutrition security, foster innovation and improve environmental outcomes, they often finance practices that lead to social, economic and environmental harm. As such, there is a growing movement to repurpose subsidies in line with environmental and social goals. 

This white paper informs and guides businesses on how to successfully navigate the repurposing subsidies agenda. It provides an overview of the current practice of agricultural subsidies, identifies key opportunities the repurposing agenda offers businesses and offers corporates actions they can take to engage with this growing movement.