- Is there enough investment in food system transformation?
- No, there isn't.
Everybody pretty much agrees
that there's vastly insufficient.
Just to give a number, only 3% of public finance
goes to food systems transformation,
whereas food systems make out for 33%
of greenhouse gas emissions.
So clear there's a gap there,
and there's also a gap in research and development.
We need to develop new approaches that help us adapt
and be resilience to climate.
Of the $60 billion a year that go to research
and development in agriculture, only 7% are actually
aligning food and agriculture with climate.
- It's very true in Africa and East Africa in particular.
Only 5% of commercial credit goes into agriculture,
but it's accountable for over 25% of GDP and jobs.
So we must make sure that we are tapping
into these commercial pools
of capital to transform the system.
(ambient music)