Keeling Curve

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Project Summary / Description:

The EAT Sustainable Finance Initiative originated in 2019, to connect emerging scientific evidence supporting the benefits of food systems transformation with financial policy and action. The Good Food Finance Network was launched at the UN Food Systems Summit in September 2021 and is an ongoing effort to identify and solve key challenges in the transformation of food-related finance. This entails active, collaborative problem-solving along value chains, in metrics and data systems, and toward the delivery of a new Co-Investment Platform for Food Systems Transformation (CIP). The CIP will facilitate the realignment of finance across the whole economy, to support food production, distribution, and consumption practices that eliminate harm to nature and climate, and build health and resilience for people and nature.

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How Project Affects Greenhouse Gas (GHG) Emissions:

Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses), Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption), Removes/stores GHGs (e.g., projects that capture, sequester, or otherwise enhance the "sinks" that accumulate and store GHGs)

Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):

Impact on Underrepresented Groups:

The Good Food Finance Network is a partnership focused on solving critical challenges to unlock finance for healthy, sustainable food systems. This transformation needs to allow healthy, nutritious, and sustainably produced food to reach even the least affluent and most marginal communities, who are often denied access to the best quality and most nutritious food. Work being done through the High Ambition Group linked to the GFFN includes direct and explicit support for expanding women's participation in food system value chains, including in enterprise innovation and leadership.

The CIP will be designed to transform value chains in both developed and developing countries. Key constituencies will be smallholder farmers, climate vulnerable communities and rural landscapes, and underserved communities that lack access to healthy, sustainably produced food. Recognizing that gender bias and exclusion of vulnerable groups will undermine the overall sustainability of food systems and related financial interventions, the CIP will aim to foster inclusive approaches that empower women, young people, and indigenous and local communities. 

Wider work through the EAT Sustainable Finance Initiative, to support transitions to healthy, sustainable food systems in cities, and through urban-rural co-development policy and planning strategies, aims to expand access to healthy, sustainably produced food, and related economic opportunities, to people in underserved, marginalized, and vulnerable communities, in both urban and rural settings.

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