Home / News / “Adaptation and Agriculture Day” at “COP27” discusses strengthening the food security system. Sessions on mechanisms to stimulate financing and investments

“Adaptation and Agriculture Day” at “COP27” discusses strengthening the food security system. Sessions on mechanisms to stimulate financing and investments

Al-Qusayr: 20 countries cause 80% of carbon emissions

The activities of the seventh day of the United Nations Conference on Climate Change “COP 27” continued in Sharm El-Sheikh, Egypt, amid a prominent and intense international presence to discuss ways to address the challenges of climate change. Creating a better future for our planet”, to highlight issues related to sustainable agriculture, food systems, and try to adapt to the effects of climate change that threatens this sector.

During the opening of the “Adaptation and Agriculture” day, the Minister of Agriculture and Land Reclamation in Egypt announced the launch of the Food and Agriculture Initiative for Sustainable Transformation, which represents an opportunity for participating countries and development partners to help them obtain financing to enable them to cope with these changes.

He stressed that the ambitious goal of this initiative comes in the implementation of concrete measures that will lead to improving climate action and the quantity and quality of financing contributions to the sustainable transformation of agricultural and food systems by 2030. It also includes several guiding principles represented in ensuring that the dimension of food security and the diversity of agricultural and food systems are reflected in activities It is also keen to activate innovative financing methods with the support of major financial institutions, as well as public and private sector partnerships, as a sign of seriousness, even if this financing is accompanied by the provision of the necessary technology.

Al-Qusair added that the initiative will be a multi-stakeholder partnership that acts as an accelerator for the sustainable transformation of agricultural and food systems, in cooperation with relevant global and regional initiatives, alliances and coalitions in particular.

He explained that studies indicate that 20 “major industrialized countries” are responsible for more than 80% of carbon emissions, and therefore these countries and international institutions must emphasize reducing carbon emissions along with supporting the developing countries most affected by climate change. Especially since these countries should not rely on loans for financing adaptation, mitigation and equitable transformation programs, which increases the burden on their budget. Rather, the international commitment must be achieved to fulfill the concessional and stimulating financing.

Al-Qusayr stressed that agro-food systems around the world are able to provide a unique opportunity to address the impact of climate change by building these systems to ensure their adaptation to climate change, in addition to that they provide many opportunities to reduce carbon emissions, and requires the implementation of systems that are resilient to climate change. Climate change Political will and international cooperation, generation and sharing of knowledge and implementation of best practices, as well as making sufficient financial resources available to support producers and actors to implement a just transition.

For her part, the Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, said during her participation in the seminar of the Institute for Sustainable Food Systems under the title “Transformation in food systems for a climate-resilient future”, that food and water security are necessary to achieve development, and they go hand in hand. In order to stimulate efforts to adapt to climate changes, she pointed out that it is necessary to strengthen innovation mechanisms and efforts in order to create sustainable food systems and stimulate food security. Al-Mashat stressed the importance of ensuring that the efforts required by the international community are undertaken to enhance sustainability in the global food system, including adaptation activities to climate changes and resilience, and to confront the challenges that prevent increased investment in adaptation projects in a way that enhances the ability of countries to deal with shocks and enhance the resilience of food systems.

The “Adaptation and Agriculture” day’s discussions touched on strategies that would increase the resilience of the agricultural sector, especially with regard to small farmers who are always threatened by weather phenomena, in addition to the topics of food security and improved nutrition. The events also included a number of sessions on mechanisms to strengthen the food security system from Through agricultural innovation, stimulating financing and investments, especially green, and stimulating the private sector to participate in supporting the agricultural sector

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