Baldino (Cdp): “The challenge is to ensure food for everyone while reducing environmental impact”

“This summit starts at the heart of one of the greatest challenges facing financial institutions at this historic moment: the global responsibility to ensure affordable access to sufficiently nutritious and safe food for a growing world population, while at the same time it is necessary to reduce the environmental impact of agriculture and tackle the threats posed by climate change “. This is what was underlined by Cdp’s Chief International Development Finance Officer Antonella Baldino in the course of ‘Finance in Common’. With the evolution of the pandemic, which has accelerated at a rate that was previously unimaginable, trends and structural changes “we must shift the focus from the conservation of the economy to its transformation: a transformation that encompasses the entire food, agricultural and agri-food value chain and which it has significant and multiple implications, unprecedented risks and far-reaching opportunities. ” The transformation of the food chain has “high potential, but it also needs significant financial support, currently estimated – specified Baldino – at about 350 billion dollars a year for the next decade to achieve the objectives of the 2030 Agenda and the ‘Paris Agreement “.