Finance for sustainable agrifood systems has increased, but remains woefully short of transition needs. This report analyzes climate finance to global agrifood systems in 2021/22, tracking flows across financial sources, climate uses, sectors, regions, and instruments. Flows have risen markedly compared to data from 2019/20 presented in CLIC’s first Landscape Climate Finance to Agrifood Systems (2023). However, this progress builds on a low base, and much of the growth is concentrated in China and Europe. Funding remains lacking in other key agrarian regions, leaving overall investment critically misaligned with the sector’s mitigation, adaptation, and resilience potential.
To bridge the gap, authors identify priority areas where governments, private financial institutions (FIs), and corporations must act. They also present recommendations to reshape financial flows, enhance resilience, and unlock long-term value through innovation, investment, and systemic change. This aligns with CPI’s Climate Finance Roadmaps methodology, which informs investment strategies across sectors and geographies, highlighting financing opportunities and required policy support (CPI, 2024a).