FAO Liaison Office with the United Nations in New York

HLPF Thematic Session SDG 17: Unlocking investment in the SDGs

FAO statement submitted online

08/07/2024

To accelerate the achievement of several SDGs, particularly the eradication of poverty, food insecurity and all forms of malnutrition, the transformation of agrifood systems is crucial but can be achieved only with enhanced partnerships and more and better investments.

Farmers and food systems businesses face financial barriers to the adoption and scaling of sustainability practices.

Unfortunately, in 2019/20 agrifood systems received only 4.3% of global climate finance, a missed opportunity that must change. Similarly, a variety of innovative financing mechanisms are vital to bring the much needed private and results-focused investments to actions in agrifood systems that if well planned, can favor both human and planetary health.

To realize this potential, investments must expand many common areas of work within agrifood systems, such as reducing food loss and waste and transparent global trade, but also targeted social protection, and explicit actions to enable healthy diets for all, as outlined in the FAO Global Roadmap for Achieving SDG2 without breaching the 1.5 C threshold.

Fostering collective efforts and investments in governance, institutions, and capabilities will contribute to more peaceful, just, and inclusive societies. These efforts are integral to achieving the SDGs and building a resilient future for all.