The role of the private sector in climate-resilient food systems

The costs of transitioning to a low-carbon, climate-resilient future are immense (although it the cost of inaction is even greater) and governments alone are unable to shoulder them. It is estimated that the agriculture and land use sectors alone require 26 times more than current levels of funding.

Until now however, the private sector has not been fully engaged in climate action, and especially in climate adaptation. Shovon Kibria, Private Sector Engagement Specialist at UNDP outlines four key reasons, as well as how the challenges can be turned into opportunities, and promising examples of progress.