FAO: Agricultural investments of $1.1 trillion per year needed through 2030

Investments in global agricultural systems as part of climate change measures should amount to $1.1 trillion annually by 2030, Report informs.

This is stated in the report of the UN Food and Agriculture Organization (FAO), which was presented today in Baku at the Financing the Transformation of the Agri-food System event within the framework of COP29.

According to the paper, these funds should be directed to areas such as agricultural policy, national budget support, capacity building, economic incentives and market instruments, investments in sustainable financing, and livestock management.