Bold Actions for Food as a Force for Good: Net Zero Agriculture: Aligning Banking Portfolios to 1.5 degrees

23 November 2020, 8:30 – 10:00 am CET

Convened by thirteen co-organizers, including civil society, academia and the private sector, the Bold Actions for Food as a Force for Good is a pre-event to the UN Food Systems Summit (FSS) to take place in fall 2021.

The agriculture sector is faced with larger data gaps and more complexities around the estimation of emissions and decarbonization pathways than other sectors. There are no readily available pathways, like the those provided by the IEA for the energy and industry sectors. This makes the measurement and disclosure of the greenhouse gas (GHG) emissions of banking portfolios particularly challenging. It prevents the financial industry from setting emission targets and implementing incentives that support the transition to a net-zero agricultural sector.

This session, co-organized by Rabobank, Wageningen University and WBCSD will bring together experts and representatives from banks, corporates, government, and academia to present and discuss emission accounting and target setting challenges and what are current cutting-edge approaches relevant to the food and agriculture sector. We will ideate with stakeholders around key questions such as: What are key barriers and levers for banks and financial institutions to align their portfolio’s to net zero or other climate scenarios in agriculture?

Session materials

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