Policy Brief: Role of Climate Finance in Agriculture

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Charlotte Streck and Michael Coren

Climate finance, particularly fast-track funds, offers an opportunity to strengthen food security and drive climate mitigation and adaptation in developing countries. Climate Focus is leading a consortium for DFID to examine how climate finance can incentivize climate mitigation and food security for agriculture in the developing world.

Climate finance offers an opportunity to strengthen food security and drive climate mitigation and adaptation in developing countries. Designed appropriately, fast-start finance can catalyze public and private investments in improved land management, greenhouse gas (GHG) mitigation, and increased yields and incomes for the rural poor. Climate finance can facilitate a transition to climate-smart agriculture by overcoming institutional and financial barriers that currently impede the adoption of new and improved agricultural practices. To assess this opportunity, the UK Department for International Development (DFID) has commissioned a consortium led by Climate Focus partnering with UNIQUE forestry consultants and the International Institute for Applied Systems Analysis to examine how climate finance for the agriculture sector can incentivize climate mitigation and food security in the developing world.

Click here for the full report published by Climate Focus, Unique and IIASA in June 2011.