Innovation in financial mechanisms to support an inclusive, sustainable transition in agriculture
Finance is a key lever for turning agriculture from a potential source of environmental harm and social inequity to a driver of conservation and social inclusiveness. The Paying for Nature and Society study provides a global review of financial innovation to support an inclusive sustainability transition in agri-food systems.
The report, developed by the SDG Center for Latin America and the Caribbean (CODS) at the Universidad de Los Andes (Bogota, Colombia), builds on the work of many recent studies into financial instruments such as payments for ecosystem services, REDD+ and voluntary standards. The report offers recommendations for designing, implementing and evaluating new instruments to address multiple goals for the environment, productivity and inclusion.
Read our policy brief to learn more.
IUCN World Conservation Congress
CoSAI facilitated a session on ‘Agricultural Finance as a Force for Conservation: Innovations for and from the Global South’ at the International Union for Conservation of Nature (IUCN) World Conservation Congress on September 7, 2021. CoSAI presented findings from the Paying for Nature and Society study and discussed how innovation in inclusive financial instruments can be used to reward farmers and businesses for protecting and restoring nature.