COP28: Food, Agriculture and Water
December 10, 2023
COP28: Food, Agriculture and WaterDecember 10, 2023 Food, Agriculture and Water Day at COP28 saw the first-ever COP ministerial dialogue on building water-resilient food systems; the COP28 UAE Declaration on Agriculture, Food Systems and Climate Action; a focus on addressing global food and promoting water security to keep 1.5°C within reach; and billions in pledged funding for food climate solutions. “Sustainable agriculture and food systems are critical components in both dealing with climate change and building food systems fit for the future.” The COP28 UAE Declaration on Agriculture, Food Systems and Climate Action
Day 11 included a high-level session on the implementation of the COP28 UAE Declaration on Agriculture, Food Systems and Climate Action. This Declaration has been signed by 152 nations, which has brought food and agriculture to the centre of COP28. The Joint Sharm-El Sheikh Support Programme
The COP28 Presidency, the UN Food and Agriculture Organisation (FAO), the World Bank, Consultation Group on International Agricultural Research (CGIAR) and the International Fund for Agricultural Development (IFAD) have together announced the joint Sharm-El Sheikh Support Programme. ‘Accelerating Urban Resilience: Innovative Finance for Urban Water Utilities’ event
Addressing the global water and sanitation crisis is one of the most impactful ways to build resilience to climate change. The Accelerating Urban Resilience: Innovative Finance for Urban Water Utilities event, which was championed by the COP28 presidency, today focused on innovative partnerships and solutions for financing climate-resilient water utilities. The event showcased transformative initiatives to provide universal access to safe water, sanitation, and hygiene services in urban areas. The Freshwater ChallengeThe COP Ministerial announced that more than 30 countries have signed to participate in the Freshwater Challenge. This challenge was initially launched at the UN 2023 Water Conference to commit to protecting and restoring freshwater ecosystems. The Challenge aims to restore over 300,000 km of rivers and 350 million hectares of wetlands by 2030, or approximately 30% of Earth's degraded freshwater ecosystems. AIM for Climate: Scaling Climate-Smart Agriculture and Food Systems Innovation
“AIM for Climate” is a UAE-US joint initiative focused on addressing climate change and global hunger through heightened investment in climate-smart agriculture and food system innovations. Launch of a ‘Call to Action for Transforming Food Systems for People, Nature, and Climate’
The Call to Action was signed by over 200 diverse Non-State Actors (including farmers and fisheries, businesses, cities and consumers), committing to taking ten priority actions to transform food systems (including livestock, food waste and loss, soil and water and crops) and calling for a set of time-bound, holistic, and global targets by COP29 at the latest. Victor Haley, Co-Head of Global Real Estate and Planning, comments:“Responsible stewardship of our collective land and ocean resources will be one of the single largest determining factors in the climate crisis. These vast resources are our greatest tool in the fight against global warming because they represent the entire surface of our planet and have an enormous impact. The varying environments on which we depend – from forests, farmland and grasslands to deep seas – can be sustainably managed in a variety of ways to reduce greenhouse gas emissions, and can even go further to sequester and store carbon. Approaches such as carbon forestry and carbon farming not only provide readily accessible climate benefits, but are excellent ways that companies can broaden their ESG strategies and investments in a way that benefits people, planet and profit while protecting biodiversity. We can expect to see continued improvement of the technologies used in these approaches, as well as updated regulations and standardization that ensures their quality and effectiveness.” Latest Insights
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