Investment Forums: Making Agrifood Systems Climate Resilient

The World Bank has drastically increased its investment and engagement in climate-smart agriculture (CSA). In their Climate Change Action Plan (2021-2025), the World Bank has recognized Agriculture, Food, Water, and Land as one of the five crucial transitions required to combat the climate crisis. The World Bank's financing for CSA has surged eight times to almost $3 billion per year since the Paris Agreement. Through policy and technical interventions, the World Bank assists nations in improving productivity, enhancing resilience, and reducing greenhouse gas emissions in their agrifood systems.

Agrifood systems are facing unprecedented challenges. These systems are highly vulnerable to climate variability and extreme weather events, which calls for urgent interventions. Investment forums have emerged as critical platforms for catalyzing transformative change in agrifood systems to enhance climate resilience. These forums can drive innovation, promote sustainability, and mitigate risks by strategically channeling investments.

This articles talks about how investment forums can make agrifood systems climate resilient: