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Transforming Agri-Food Sectors to Mitigate Climate Change: The Role of Green Finance

Transforming Agri-Food Sectors to Mitigate Climate Change: The Role of Green Finance
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Year:    2019

Author:    Batini, Nicoletta

Vierteljahrshefte zur Wirtschaftsforschung, Vol. 88 (2019), Iss. 3 : pp. 7–42

Abstract

Summary: Globally, food systems have become heavily industrialized and are currently threatening both environmental sustainability and human health. Feeding a growing world while remaining within safe social-ecological planetary boundaries, as dictated by the UN Social Development Goals and the Paris Climate Agreement, is feasible but requires a paradigmatic shift in agricultural value chains and their financing: a “Great Food Transformation.” Tracing today’s agri-food main global developmental and financial trends, this paper proposes a set of financially-oriented public policies to accelerate this transition with a focus on advanced and large emerging market economies. Suggested measures include public lending, insurance and guarantee schemes to aid the transition; financial training schemes; changes to prudential regulation to account for financial risks of non-sustainable farming; alongside a bolder approach to ESG investment of public funds and steps to expand green and sustainable bond markets.

Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/10.3790/vjh.88.3.7

Vierteljahrshefte zur Wirtschaftsforschung, Vol. 88 (2019), Iss. 3 : pp. 7–42

Published online:    2019-07

AMS Subject Headings:    Duncker & Humblot, Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    36

Keywords:    F4 F6 G3 H8 I0 N50 Q14 Q18 Q20 Q28 green finance agri-food land use sustainability diets green bonds Paris Climate Agreement Great Food Transformation.

Author Details

Batini, Nicoletta

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Section Title Page Action Price
Nicoleta Batini: Transforming Agri-Food Sectors to Mitigate Climate Change: The Role of Green Finance 7
Summary 7
Zusammenfassung 7
1 Introduction 8
2 Agri-food sustainability and major agri-food market trends 11
2.1 What is a global sustainable agri-food system? 11
2.2 Global agri-food market trends 13
3 Agri-food financial trends and the role of private, non-bank green finance 7
3.1 The financialization of agri-food 7
3.2 Old roots, green shoots: the “greening” of agri-food finance 7
a) Non-conventional agri-food investing 7
b) Plant-based investing 7
c) Alternative-protein technologies investing 7
d) Agri-food tech investing 8
4 Agricultural bank lenders and sustainability: the case of Rabobank and Crédit Agricole 8
4.1 Rabobank 8
4.2 Crédit Agricole 8
5 What can public policy do to support green finance for a GFT? 8
6 Conclusions 9
References 9