The Food and Agriculture Organization of the United Nations has warned that funding to support climate-smart agrifood systems is ‘strikingly low’ and has plummeted in the past year despite the growing urgency to stave off climate change.
COP28 in Dubai saw the Brazilian government announce the creation of a US$250bn Tropical Forests Forever Fund, a global instrument to protect forests in up to 80 countries.
At COP28, six global food majors have committed to publicly disclosing their dairy-related methane emissions and drawing up detailed plans of action, but the firms won’t be tied to a specific methane reduction target.