FAIRR at COP26
The FAIRR initiative has been active at COP26 highlighting the vital importance of making food systems more resilient and sustainable to mitigate the material risks in this field. On 9 November we launched our investor statement ‘Where’s The Beef’ calling for G20 governments to disclose agricultural emission reduction targets, which is now backed by investors with nearly $12 trillion AUM.
FAIRR participated in multiple COP26 events, including a collaboration with WWF to host an event on “Mobilizing Finance to Address Climate Risk and Restore Biodiversity while Ensuring Healthy Diets for All” where our Policy Director Dr Helena Wright spoke on the risks and opportunities in the agriculture sector. Meanwhile, on Nature Day on 6th November, FAIRR’s Executive Director Maria Lettini spoke at a high-level presidency event on ‘Accelerating a Just Rural Transition to Sustainable Agriculture’, alongside agriculture ministers from US and UAE.
FAIRR has promoted collective discussion around creating a roadmap for the agriculture sector to meet the 1.5°C goal. FAIRR plans to continue working with organisations to provide clarity on the pathway needed for the agricultural sector to meet the 1.5°C target.
The ‘Glasgow Breakthrough Agenda’ on innovation has been endorsed by 40 nations, with agriculture being featured as one of the five breakthrough areas. What’s more, many nations signed up to the Global Methane Pledge committing to 30% reduction in methane emissions by 2030. Many nations and financial institutions promised to halt and reserve nature loss and deforestation. For more information, we have collated a summary of all the key policy announcements at COP26 related to agriculture and finance in a blog post.COP26 announcements on food and finance