Future Fit Food and Agriculture

DD MM YY

Future Fit
Food and
Agriculture

US

$205bn

per year needed from the food sector to mitigate half of global food system emissions

Introduction

Dive into this report series highlighting the need for food and agriculture companies to rapidly adapt to changing sustainability regulation and exploring the costs and benefits of mitigating the largest portion of food sector emissions. The analysis shows how investments of US $205bn per year between 2025-2030, or less than 2% of food sector revenues, could mitigate nearly half of global food system emissions and unlock many other benefits.

½

of total global food system emissions come from agriculture land use change within company value chains

Key findings

Webinar

How Can Businesses Secure a More Sustainable, Equitable and Resilient Future for the Food Sector?

“Ultimately, we need to rethink the current commodity-driven paradigm we’re in and look at investing on the farm, not just the products that come off of it”

Luke Pritchard, Deputy Director
Nature Based Solutions, We Mean Business Coalition

Media and other Resources

Investments of about $205 billion a year, or 2% of global food systems revenues, could slash emissions by…
Continue reading
New research claims investing just two per cent of food and agriculture sector revenues could almost wipe out…
Continue reading
$205 billion per year needed from the agrifood sector to mitigate half of global food system emissions   …
Continue reading

For general enquiries:

Media contacts:

Sophie Mongalvy,
Communications & Marketing Director, FOLU Global

Sophie.mongalvy@wri.org

Klara Nilsson,
Communications & Marketing Manager, FOLU Global

klara.nilsson@wri.org

Developments in voluntary frameworks
and standards and their influence
on legislation for businesses

Discover how companies in the food sector can better navigate voluntary frameworks and standards for climate and nature and their growing influence on sustainability regulation.

Crucially, our findings highlight that businesses setting and implementing ambitious climate and nature strategies today will be better prepared for future sustainability regulation, facing fewer compliance risks and experiencing less disruption in their supply chains.

Ambitious companies can not only leverage established and emerging voluntary standards to get ahead of the game, but they can and should also seize the opportunity to advocate for harmonized standards and regulation, which will accelerate the food sector’s transition to a sustainable future.

The financial implications of mitigating agriculture and land use change emissions for businesses

With climate and nature regulation increasingly on the horizon, explore what it will take to mitigate agriculture and land-use-change emissions within company value chains (estimated at 10 GtCO2e in 2030) which account for nearly half of total global food system emissions.

Our findings show that investment from the food sector of approximately US $205 billion per year between 2025 and 2030 could mitigate up to 9 GtCO2e annually by 2030. While significant, these costs represent less than 2% of total projected food sector revenues and come with other benefits including access to new and growing markets, some on farm savings and improved supply chain resilience.

This report highlights that the burden of mitigation varies depending on where actors sit along the value chain. A critical challenge is that the costs are currently projected to land most heavily on farmers, who are the least able to pay. Overcoming this inequity requires companies to reassess how they partner with actors in the value chain, particularly farmers, and how they engage with policymakers to accelerate action.

Download

By providing this information, we're able to improve future reports and insights — resulting in better outcomes for all.
X