Science Based Targets Network (SBTN)’s Post

Agriculture and land-use-change emissions within company value chains account for nearly half of all global food system emissions (10 out of 21 GtCO2e in 2030), but as new #FutureFit reports highlight, the burden of implementing climate and nature solutions does not fall equitably across the value chain - nor will the benefits of implementation be shared by all. Companies must reassess how they engage with farmers and governments, otherwise they will struggle to deliver on urgent sustainability commitments. A critical first step is understanding the costs and benefits of the transition and creating transparency on the relative ability of different actors to contribute to the costs and share in the benefits. https://lnkd.in/eJNUFDEZ #FutureFit Food and Land Use Coalition (FOLU) WBCSD – World Business Council for Sustainable Development We Mean Business Coalition A special thanks to the amazing team that worked on this! Kitty Parker Brooks Luke Pritchard Kate Newbury-Hyde Paul Limpens Alexandre L'Heureux Elizabeth Petykowski Natasha Mawdsley Talia Smith Morgan Gillespy Christine Delivanis and Liz Kirk, and many others!

🌾New research reveals that $205 billion a year is needed from the food sector to mitigate ½ of all global #FoodSystem emissions by 2030. $205 billion is less than 2% of the food sector’s projected annual revenues between 2025 and 2030, and would deliver a variety of co-benefits, including: 💵 On-farm savings 📈 Accelerated growth in new markets 🌾 Higher yields 🖇️ Increased supply chain resilience 🎯 Delivery on nature restoration targets The 2 new reports from the Food and Land Use Coalition (FOLU), WBCSD – World Business Council for Sustainable Development and We Mean Business Coalition reveal that a critical challenge is that the burden of implementing climate mitigation solutions varies significantly depending on where actors sit along the value chain, with farmers currently facing the highest costs as a percentage of their revenues. In light of these inequities, report authors argue that companies should collaborate with farmers and other key value chain actors directly to distribute costs and risks of #ClimateAction and #NatureAction equitably throughout the food sector, and engage with policymakers to incentivize accelerated action. Erin Billman, Executive Director, #SBTN explains how setting #ScienceBasedTargets #ForNature can also support holistic action in the food and land use sectors: "Companies taking voluntary environmental action are raising corporate ambition levels and shaping future regulation. "Through science-based targets, food and agriculture companies can take holistic action across climate and nature, halting not just deforestation but also the conversion of all natural lands in their supply chains, and driving the much-needed transformation of our food and land-use practises." It’s high time to make food and agriculture #FutureFit.🌱 🔗 Read the reports: https://lnkd.in/da8saWGA 👉 Learn more about science-based targets: https://lnkd.in/enXegWGt #NaturePositive #SafeAndJust #ScienceBased #NatureAndClimate #EcologicalEmergency #GlobalCommons

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real—and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. So, how do we solve this paradox? The answer might lie in unlocking better ways to measure and verify sustainable practices on farms. To close this gap, we need to establish clear standards, streamline data management, and mobilize billions in private sector funding. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future—one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/gxpV-v4K #SustainableAgriculture #AgTech #ClimateAction #Sustainability

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real—and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. So, how do we solve this paradox? The answer might lie in unlocking better ways to measure and verify sustainable practices on farms. To close this gap, we need to establish clear standards, streamline data management, and mobilize billions in private sector funding. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future—one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/gJrKYEe3 #SustainableAgriculture #AgTech #ClimateAction #Sustainability

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real—and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. So, how do we solve this paradox? The answer might lie in unlocking better ways to measure and verify sustainable practices on farms. To close this gap, we need to establish clear standards, streamline data management, and mobilize billions in private sector funding. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future—one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/eWJ_DSKW #SustainableAgriculture #AgTech #ClimateAction #Sustainability

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. Solving this paradox lies in unlocking better ways to measure and verify sustainable practices on farms, by developing practical measurement, monitoring, reporting, and verification (#MMRV) systems. By doing so, we will advance sustainable agriculture, unlock private capital, and accelerate change across the entire agrifood value chain. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future - one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/gAx94p_Y #SustainableAgriculture #AgTech #ClimateAction #Sustainability

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real—and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. So, how do we solve this paradox? The answer might lie in unlocking better ways to measure and verify sustainable practices on farms. To close this gap, we need to establish clear standards, streamline data management, and mobilize billions in private sector funding. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future—one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/g7yv8K-C #SustainableAgriculture #AgTech #ClimateAction #Sustainability

The challenge of feeding a growing global population while tackling agriculture's huge climate footprint is real—and it’s urgent. According to the FAO, global food production needs to increase by 60% by 2050, but agriculture and food systems already contribute a third of global greenhouse gases. So, how do we solve this paradox? The answer might lie in unlocking better ways to measure and verify sustainable practices on farms. To close this gap, we need to establish clear standards, streamline data management, and mobilize billions in private sector funding. In this report, BCG and Food Systems for the Future have outlined a roadmap to empower farmers to adopt climate-smart practices. These solutions pave the way for a resilient and sustainable agricultural future—one that benefits farmers, the environment, and our global food system. Read the summary article here: https://lnkd.in/ewGuBjna #SustainableAgriculture #AgTech #ClimateAction #Sustainability

🌳 Excited to finally release the Food and Land Use Coalition (FOLU)'s #FutureFit report series! Agriculture & land-use-change emissions within company value chains account for nearly half of global food system emissions (10 out of 21 GtCO2e by 2030). To mitigate these emissions, companies must work together with farmers, governments and investors to develop and implement roadmaps that deliver transparent and sustainable food systems. A critical first step is understanding the costs and benefits of the transition and creating transparency on the relative ability of different actors to contribute to the costs and share in the benefits. https://lnkd.in/ekyZ6MrF #FutureFit Food and Land Use Coalition (FOLU) WBCSD – World Business Council for Sustainable Development We Mean Business Coalition A true team effort! Special thanks to Kitty Parker Brooks Luke Pritchard Kate Newbury-Hyde Alex Andreoli Paul Limpens Alexandre L'Heureux Abel Hemmelder Natasha Mawdsley Talia Smith Morgan Gillespy Christine Delivanis and Liz Kirk

“Regenerative agriculture enhances soil health, biodiversity, and climate resilience while future-proofing food supply chains” 🌱🌾 Check out this week’s sustainability stories in the latest edition of Field News of the Week. This week’s highlights include: Infomigrants reports on the EU’s forced labour regulation, banning goods made with exploitative practices, and its potential impact on vulnerable agricultural workers. Forbes showcases how companies like Mars and PepsiCo are investing in regenerative practices like water-saving initiatives and pollinator-friendly farming. Aljazeera details British farmers’ protests against inheritance tax reforms, warning the changes could jeopardise family farms. Agriculture Dive highlights $29.2 billion in climate-smart agriculture investments at COP29, including commitments to alternative proteins and sustainable farming innovation. Have a great weekend! #FieldNewsOfTheWeek #Sustainability #RegenerativeAgriculture #ClimateChange #EthicalFarming