At the Global Climate Action Summit in San Francisco today, the Global Environment Facility (GEF) announced a half billion US dollar financial commitment in new grant funds for food, land use, and restoration projects.
Speaking at the high-level dialogue on Land Stewardship, Naoko Ishii, GEF CEO and Chairperson said:
“How the world’s food system and land use evolve will have major implications for the health of the planet. Our global commons – the land, seas and atmosphere we share, and the ecosystems they host – are under severe threat from ever more powerful human activities.
We need a more sustainable food system, one that embeds sustainability from farm to fork, generates agricultural commodities without deforestation and habitat conversion, and restores soils and degraded areas.
Today, I am pleased to announce half billion US dollars for a new GEF Food, Land Use and Restoration Impact Program. Working with governments, the private sector and other partners, this new initiative will create multiple benefits, not least for climate mitigation.”