Financing a Just Transition

coordinated efforts across sectors. Pub- lic-private partnerships, like those led by the Food Action Alliance, align gov- ernments, businesses and civil society to drive systemic change. The alli- ance supports 30 flagship initiatives across Africa, Asia and Latin America, demonstrating effective food value chain models. These partnerships are already yield- ing results. Financial institutions are offering tailored products – such as low-interest loans, crop insurance and credits for ecosystem services – reduc- ing financial risks for farmers adopting regenerative practices. Meanwhile, businesses commit to sustainable sourcing, encouraging shifts to methods that improve soil health, sequester carbon and enhance biodiversity. Governments play a key role by supporting the transition with policies and subsidies. Philanthropic and multilateral support is crucial for de-risking invest- ments and scaling pilots. Philanthropy has funded regenerative agriculture programmes in sub-Saharan Africa, where smallholder farmers are most vulnerable to climate impacts. These initiatives enhance productiv- ity and resilience and ensure climate finance reaches the most affected communities. The fight against desertification and soil degradation The UNCCD COP has placed soil health and land restoration at the heart of the global climate agenda. Rapid desertification severely threat- ens global food security and climate resilience as degraded soils lose their ability to store carbon and support life. At the upcoming COP in Riyadh, the

international community will dis- cuss how to scale up land restoration efforts, including integrating regener- ative agriculture into national climate action plans. By ensuring that agriculture is rec- ognised as a key pillar of climate adaptation and mitigation, the deserti- fication COP can drive more significant commitments from governments and financial institutions to support the transition to sustainable farming systems. For a just transition Financing a just transition to regenera- tive agriculture is a moral and economic necessity. As climate change accel- erates, the degradation of the world’s soils threatens the very foundation of our food systems. Without immediate action, we risk deepening the climate crisis, increas- ing food insecurity and driving more people into poverty. But there is hope. Investing in regenerative agriculture can restore degraded lands, sequester carbon and build resilient farming systems that feed a growing global population. The 100 Million Farmers Initia- tive and the Food Action Alliance offer blueprints for mobilising capital and resources to empower farmers as agents of change. As we approach the climate change and desertification COPs, we must pri- oritise agriculture in climate finance strategies and ensure that farmers are at the centre of these efforts. Investing in regenerative agriculture can create a sustainable food system that mitigates climate change and pro- vides a pathway to a more equitable and resilient future.

Around 12 million hectares of soil is turning to desert each year. 12 m

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: weforum.org

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