{"id":82649,"date":"2022-11-13T22:18:17","date_gmt":"2022-11-13T20:18:17","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=82649"},"modified":"2022-11-13T22:18:17","modified_gmt":"2022-11-13T20:18:17","slug":"cop27-egypt-presidency-fao-launch-fast-initiative-for-more-sustainable-agrifood-systems","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/cop27-egypt-presidency-fao-launch-fast-initiative-for-more-sustainable-agrifood-systems\/","title":{"rendered":"COP27 Egypt Presidency, FAO launch FAST Initiative for more sustainable agrifood systems"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\">Egypt\u2019s Presidency of the <a href=\"https:\/\/www.csregypt.com\/en\/1st-carbon-certificates-trading-platform-launched-at-cop27\/\">COP27<\/a> climate conference and the Food and Agriculture Organization (FAO) launched the\u00a0Food and Agriculture for Sustainable Transformation (FAST) which aims to help\u00a0agrifood systems to adapt to climate change and become more sustainable in addition to improving the quality and quantity of climate finance contributions to the sector.<\/div>\n<div dir=\"ltr\" style=\"text-align: left;\"><\/div>\n<div dir=\"ltr\" style=\"text-align: left;\">FAST comes at a time when the risk of hunger and malnutrition among the most vulnerable groups is getting worse and the world\u2019s agrifood systems are increasingly impacted by climate variability and extreme weather events. Agrifood systems also contribute to the climate crisis, ecosystem degradation and biodiversity loss.<\/p>\n<p>But the funding to transform agrifood systems to make them more sustainable, resilient and productive is grossly inadequate, and that is what this initiative hopes to address.<\/p>\n<p>Access to climate finance at both farm and country levels remains insufficient and FAST aims to implement concrete actions to correct this to transform agriculture and food systems by 2030 while supporting food and economic security and the environment.<\/p>\n<p>Speaking at the event, FAO Deputy Director-General Maria Helena Semedo, pointed out that while overall climate finance flows have been increasing over the past decade, the share allocated to agriculture has been steadily decreasing.<\/p>\n<p><a href=\"https:\/\/www.fao.org\/policy-support\/tools-and-publications\/resources-details\/en\/c\/1470455\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.fao.org\/policy-support\/tools-and-publications\/resources-details\/en\/c\/1470455\/&amp;source=gmail&amp;ust=1668455818792000&amp;usg=AOvVaw2ad__tmR-1k-IxXlVhCRQI\">The agriculture and land use sector received $122 billion in financing between 2000 and 2018, representing 26\u00a0percent of the global climate finance flows to all sectors.<\/a><\/p>\n<p>\u201cThat is why bold transformative actions are now needed to boost investment in agrifood transformation, support countries in accessing climate finance, and ensure that appropriate financial resources reach small and medium-scale food producers,\u201d Semedo said.<\/p>\n<p>FAST aims to make this possible by enhancing country capacities to identify and access climate finance and investment, giving stakeholders greater access to knowledge and developing guidelines and providing support in crafting appropriate climate action policies.<\/p>\n<p>Promoting food security and diversity, empowering and engaging women, youth, Indigenous Peoples and people in vulnerable situations, using science and innovation to improve agricultural practices across the value chains &#8211; these are some of the principles that will guide FAST\u2019s work.<\/p>\n<p>\u201cThis partnership will rely on and harness the efforts started by previous initiatives such as the\u00a0<a href=\"https:\/\/climatechampions.unfccc.int\/wp-content\/uploads\/2022\/09\/THE-BREAKTHROUGH-AGENDA-REPORT-2022.pdf\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/climatechampions.unfccc.int\/wp-content\/uploads\/2022\/09\/THE-BREAKTHROUGH-AGENDA-REPORT-2022.pdf&amp;source=gmail&amp;ust=1668455818792000&amp;usg=AOvVaw0-7kynUpD_veMRSNdl_b_J\">Glasgow breakthrough<\/a>\u00a0and will be nurtured by future (COP) Presidencies. Agriculture is higher than ever on the COP agenda, and FAO is committed to support all actors in their efforts to transform our agrifood systems to become more efficient, inclusive, resilient, and sustainable,\u201d Semedo said.<\/p>\n<p>The summit is being held at a time when estimates show that the world is falling behind on the goal of reducing emissions by 45 percent by 2030 to limit global warming to 1.5 degrees Celsius.<\/p>\n<p>FAST is one of the\u00a0<a href=\"https:\/\/www.fao.org\/events\/detail\/fao-at-cop27\/en\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.fao.org\/events\/detail\/fao-at-cop27\/en&amp;source=gmail&amp;ust=1668455818792000&amp;usg=AOvVaw1aq3pqPqylvJZlvea7WU0D\">key initiatives<\/a>\u00a0that FAO is a part of at COP27. The organization will use its expertise and experience to lead several discussions on how agrifood systems can be part of the solution to the climate crisis and how food security can be achieved.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s Presidency of the COP27 climate conference and the Food and Agriculture Organization (FAO) launched the\u00a0Food and Agriculture for Sustainable Transformation (FAST) which aims to help\u00a0agrifood systems to adapt to climate change and become more sustainable in addition to improving the quality and quantity of climate finance contributions to the sector. FAST comes at a [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":82650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6262,984,6030],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>COP27 Egypt Presidency, FAO launch FAST Initiative for more sustainable agrifood systems - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Egypt\u2019s Presidency of the COP27 climate conference and the (FAO) launched the\u00a0Food and Agriculture for Sustainable Transformation (FAST) which aims to help\u00a0agrifood systems to adapt to climate change and become more sustainable in addition to improving the quality and quantity of climate finance contributions to the sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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