Lever of Change: Finance
The Food Systems Summit acknowledges that better finance is central to delivering better food systems. The Summit therefore includes a cross-cutting “Finance Lever” which aims to tackle barriers in the financial system that currently prevent capital from flowing into more resilient and equitable food systems. This will require a coordinated approach; no one actor will be able to change the way we farm and feed ourselves. Engaging with a diverse range of actors including farmers and agri-SMEs, corporates and traders, insurers and investors, development banks and donors, government and philanthropy, the Finance Lever will work to unlock capital for regenerative, climate- and nature-positive, more nutritious, and inclusive solutions and shift out of extractive, destructive and exploitative assets and business models. The FSS Finance Lever will focus on (i) repurposing finance to support better food systems (ii) reducing finance that is destroying/degrading food systems (iii) optimising finance to mobilise investment and increase access and (iv) scaling public and private finance flowing to better food. Finance Lever custodian is the World Bank. The custodian of the Finance Lever is the World Bank, supported by the Food & Land Use Coalition and IFPRI. Find out more about the Levers of Change.