Investing in low-carbon agrifood systems is critical to safeguard food supply chains, ensure the climate resilience of food production, and sustain inclusive economic growth. Employing more than a billion people, or a third of the global workforce, agrifood systems are the socioeconomic backbone of most emerging markets and developing economies (EMDEs). They are also among the world’s largest sources of climate change, deforestation, and biodiversity loss, generating around 30% of global greenhouse gas (GHG) emissions and exerting pressure on 86% of species at risk of extinction. However, the sector is starkly underserved by climate finance when compared to its footprint and acutely vulnerable to escalating climate shocks, with far-reaching implications for food security, livelihoods, and economic stability.
Agrifood systems are not only at the center of today’s climate and nature crisis, but also a pivotal lever for driving sustainable solutions. Embedding sustainability across farms, forests, and fisheries—as well as throughout related supply chains—can deliver significant mitigation and adaptation benefits while restoring ecosystems and strengthening rural resilience. With the right investments and policy frameworks, agrifood systems can shift from being a major source of environmental harm to a cornerstone of climate-resilient, inclusive development.
This report analyzes climate finance going to global agrifood systems in 2021/22, tracking flows across climate uses, financial sources, sectors, regions, and instruments. This work builds on baseline data for 2019/20 established in CLIC’s first Landscape Climate Finance to Agrifood Systems report published in 2023.
Explore the key insights from the report on the CLIC website.