Nature and Net Zero
This report examines natural climate solutions (NCS), which use nature’s own capacity to absorb and store greenhouse gases to combat climate change.
100 Million Farmers is a multistakeholder platform catalysing action to transition towards net-zero, nature-positive food systems by 2030. It sets out a shared global ambition while supporting local solutions that incentivise farmers and empower consumers to place climate, nature and resilience at the core of the food economy
Transforming food systems: an imperative and an opportunity
Agricultural systems are increasingly being acknowledged for their unique potential to address global challenges. Food system actors can feed a growing population while leading the fight against climate change and nature loss by adopting practices that not only reduce emissions but also sequester additional carbon from the atmosphere. Mainstreaming regenerative and climate-smart agricultural practices, which are at the centre of this process, can also create additional co-benefits, such as increased socioeconomic resilience, improved livelihoods and enhanced soil and water health. The cumulation of these benefits, described as a “carbon+” approach, would ensure the health of both people and the planet.
Towards net-zero, nature-positive food systems
Ambitious and integrated action across sectors is needed to rebuild the food and agriculture economy with climate, nature and resilience at its core. Critical to this action is the development and deployment of market-based incentives – including, but not limited to carbon markets – that signal to actors along supply chains that there is value beyond productivity alone.
100 Million Farmers has three bold objectives which place the farmer at the centre of the transition and recognise the need to empower consumer demand:
1. Demonstrate the ability of food systems to shift away from significant emissions and nature degradation towards climate mitigation, adaptation and nature restoration, through cost-effective and practical solutions.
2. Catalyse a global, scalable transition that incentivises 100 million farmers to adopt regenerative and climate-smart practices, while empowering 1 billion consumers to demand and support this type of agricultural production.
3. Facilitate collective action to deliver net-zero commitments and maximise co-benefits that achieve ‘carbon+’ outcomes for healthy people and a healthy planet.
Translating global ambition into place-based action
100 Million Farmers is a global platform driving an action-focused agenda anchored in regional and national ‘lighthouse’ projects. Each lighthouse is led by a regional multistakeholder coalition, with solutions tailored to local food systems and the natural ecosystems they depend on. The effort builds on the ambition of various leadership groups, within and beyond the World Economic Forum and will seek to align, scale and amplify a broad base of effortsLighthouse in Action: Example from the EU
As part of the 100 Million Farmers, numerous organizations and stakeholders representing every step of the food value chain have come together under an ambitious new effort to decarbonize the European food system, while maximizing other benefits such as soil health and farmer resilience. The initiative to form a coalition was catalyzed in collaboration with by the World Economic Forum’s CEO Action Group for the European Green Deal. Agriculture in Europe is today responsible for 10 percent of greenhouse gas (GHG) emissions and the transformation of the sector could be a sizeable contributor to Europe’s net-zero emission plan.
To address this challenge, these organizations have come together behind ‘Carbon+ Farming Journey’ project. This effort will take a farmer-centric approach to increase the uptake of regenerative and climate-smart agriculture practices, identifying the roadblocks to adoption, designing solutions with economic, practical and ecological benefits to farmers. It also will work to develop financial tools to empower farmers in managing transition risk and recommend the right set of farmer incentives.
Currently, the following organizations are partners in the emerging European Carbon+ Farming Coalition: BASF, Bayer, COPA-COGECA, CropIn, European Conservation Agriculture Federation (ECAF), European Institute of Innovation & Technology (EIT) Food, HERO, Planet Labs, Syngenta, Swiss Re, University of Glasgow, Yara, Zurich and the World Economic Forum.
A wide range of perspectives, expertise and stakeholders is needed to help transform our food systems for a net-zero, nature-positive world. To find out more on 100 Million Farmers or join our work, please email us at 100MFarmers@weforum.org