the finance lever
The financial system is currently undermining rather than underpinning productive, sustainable and regenerative food systems. Investments in agriculture and food systems are considered high-risk. Incentives for investments in nature-positive, nutritious and equitable agri-food systems are inadequate. Negative externalities are not factored into investment decisions, embedding significant risk into our financial and economic systems.
The Finance Lever of the Food Systems Summit aims to leverage finance as a tool to enable a transition to a more sustainable global food system. It seeks to increase alignment on what actions which stakeholders need to take in order to mobilise the additional $300b+ needed to transform food systems.
Engaging with a diverse range of actors including farmers and agri-SMEs, corporates and traders, insurers and investors, development banks and donors, government and philanthropy, the Finance Lever seeks to deliver on these goals through thought leadership, solution design and support, brokering connections across networks, and advancing engagement and events.
The Finance Lever seeks to involve a diverse range of organisations and institutions involved in food and finance systems. The following organisations have dedicated roles in supporting the Finance Lever:
The World Bank serves as the Custodian of the Finance Lever
IFPRI serves as Research Lead
the Food and Land Use Coalition (FOLU) serves as the Secretariat