A new report from the European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO), provides a comprehensive look at decarbonizing agrifood systems, which is necessary and achievable.

The report, Investing in carbon neutrality: utopia or the new green wave? Challenges and opportunities for agrifood systems, draws on insights from a wide range of stakeholders and sets out five areas for action to move the decarbonization agenda forward.

The latest United Nations climate report reminds us that the clock is ticking to reduce emissions, curb global warming and address the climate crisis before it is too late. The world’s agrifood systems must do their part.

Agrifood system emissions account for 21 percent to 37 percent of total anthropogenic greenhouse gas (GHG) emissions depending on estimates. At the same time, climate change adversely affects agrifood system actors in different ways, from smallholder farmers to large food manufacturers.

Rising temperatures, changing rainfall patterns and supply chain disruptions already impact food production, undermining global efforts to end hunger. As a result, the number of people facing hunger could reach one billion by 2050.

These vulnerabilities are a stark reminder of the need to transform these systems, says FAO Investment Centre Director Mohamed Manssouri. “We need to double down and mobilize greater investment, knowledge and innovations to make our agrifood systems greener, more resilient, more productive and more efficient at providing healthy and nutritious diets, good jobs and biodiversity,” he said.