BRAZIL

JBS: Food systems can capture emissions and advance the fight against hunger

Held at UN headquarters, the event brought together business leaders and authorities to discuss the energy transition as a response to the challenges of global warming.

Posted on Sep 24 ,00:20

JBS: Food systems can capture emissions and advance the fight against hunger

JBS Global CEO, Gilberto Tomazoni, during the Brazil-US Climate Impact Summit 2024

Food systems – which range from production in the field to the consumer – can make a decisive contribution to tackling humanity’s two greatest challenges: climate change and food security. This was the point emphasized by JBS Global CEO Gilberto Tomazoni on the morning of Thursday, the 19th, during a panel on how to unlock the potential of Brazil and the United States in renewable energy. The Brazil-US Climate Impact Summit 2024, organized by Valor Econômico and Amcham Brasil, promoted discussions on the challenges and paths to take in the face of climate change, with a special focus on the energy transition as the main solution.

"The transformations that need to be made require resources, specifically between US$300 and 350 billion dollars per year until 2030", said the executive, who is the leader of the B20 Sustainable Food Systems and Agriculture Task Force, the business arm of the G20, a group that brings together the 20 largest economies in the world. As he emphasized, it is essential to prioritize correctly and place small producers at the center of the strategy. "Today, less than 4% of investments to mitigate climate change go to agriculture", he pointed out, citing data from the UN’s International Fund for Agricultural Development (IFAD).

The executive highlighted that the policy paper "Sustainable food systems and agriculture" - the result of the work of 139 people from different geographies, links in the production chain and partners – brings three essential guidelines to be integrated into the private sector’s proposed agenda for the G20 Leaders’ Summit, scheduled for November in Rio de Janeiro: increasing productivity in the field, improving access to credit for rural producers and strengthening the multilateral trade system.

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