The Triple Gap in Finance For Agrifood Systems

credit: National Environmental Education Week

Climate finance flowing to agrifood systems amounted to an annual average of USD 28.5 billion, or less than 5% of total global climate finance tracked in 2019/20 (CPI, 2023) This dual approach blends the expertise of CPI and FAO to comprehensively understand the gaps between the available, estimated, and required funding.

The "top-down" method estimates the level of climate finance required to fund the actions and interventions needed to limit the average global temperature rise within 1.5 C by 2050.

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