Agri-food funding to tackle climate change “strikingly low” – FAO report. | The UN body claims financing to fight global warming has dropped dramatically.
by newnemo
Agri-food funding to tackle climate change “strikingly low” – FAO report. | The UN body claims financing to fight global warming has dropped dramatically.
by newnemo
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Can’t have profits impacted.
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>The UN body’s report suggests the amount of financing channelled into the agri-food sector for climate purposes is “strikingly low and continues to diminish compared to global climate finance flows”.
>Between 2000 and 2021, agri-food funds for climate-related development stood at $183bn but in 2021 the amount had dropped to $19bn, a 12% decrease from 2020, the FAO said.
>Asia saw a 44% drop, while financing for Africa and Europe only rose by a “mild” 4%, it added. In Latin America and the Caribbean, agri-food climate funding increased by a “modest” 6%.
article continues….