Low-carbon and resilient agrifood systems are vital to ensure the food security of a growing human population and global economic development.

These systems are the processes and actors that convert natural resources and the environment into benefits and costs for humans through agricultural production and agro-industries (Campanhola and Pandey, 2019).

This report presents the first comprehensive analysis of climate finance flowing to these systems globally, with the aim of better informing decision-makers in this space. Establishing this baseline for financial flows can help to track action against the efforts required to mitigate and adapt to climate change.

Agrifood systems include high-emitting and climate-vulnerable sectors, yet climate finance flowing to them is strikingly low.

Key findings

• In 2019/20, agrifood systems received a tiny fraction (4.3%) of total global climate finance tracked at the project level, with an annual average of USD 28.5 billion.