NextGen Day

On Saturday, twenty-six countries made fresh commitments to improve their agricultural policies to make them more sustainable and less polluting, as well as to invest in research for sustainable agriculture and the protection of food supplies from climate change.

India, Colombia, Vietnam, Germany, Ghana, and Australia were among the countries represented on all continents.

Brazil announced that it will expand its ABC+ low-carbon farming program to 72 million hectares, saving a billion tons of CO2 by 2030.

Germany has committed to reducing emissions from land use by 25 million tons by 2030, whereas the United Kingdom has stated that by 2030, it wants to involve 75 percent of farmers in low-carbon farming techniques.

The United Kingdom also announced funding of £500 million (USD675 million) to support the implementation of the Forest, Agriculture, and Commodity Trade (FACT) Roadmap, which was launched earlier this week at the World Leaders Summit and involves 28 countries working together to protect forests while promoting development and trade.

New pledges will aid in the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use, which has now been endorsed by 134 countries representing 91% of the world’s forests.

The Declaration intends to halt and reverse land degradation and forest loss by 2030.

“If we are to keep the 1.5C objective alive, the world must utilize land responsibly and put conservation and restoration of environment at the core of all we do,” said COP26 President Alok Sharma.

“Today’s commitments demonstrate that nature and land use are being acknowledged as critical to achieving the Paris Agreement goals,” he said.

Through its Climate Action Plan, the World Bank will commit to spending USD25 billion in climate finance annually through 2025, with a focus on agriculture and food systems.

Another significant development from the corporate sector is the commitment of approximately 100 high-profile organizations from a variety of industries to become “Nature Positive.”

Supermarkets have pledged to reduce their environmental effect in terms of climate change and habitat loss, while fashion manufacturers have pledged to guarantee the traceability of their supplies.

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