The Triple Gap in Finance for Agrifood Systems

The report identifies a 'triple gap' in planning, finance, and data regarding the transition of global agrifood systems to low-carbon and climate-resilient pathways. It highlights that agrifood systems contribute a third of global greenhouse gas emissions but receive less than 5% of total global climate finance.

• Agrifood systems are a major driver of environmental degradation, accounting for one-third of global greenhouse gas emissions and serving as the primary source of methane, nitrous oxide, deforestation, biodiversity loss, and freshwater consumption.
• There is a significant shortfall in climate finance for agrifood systems, which averaged USD 28.5 billion annually, representing less than 5% of total global climate finance tracked in 2019/20.
• A comparison between top-down estimates for a 1.5°C limit by 2050 and bottom-up estimates from Nationally Determined Contributions (NDCs) reveals a 'triple gap' consisting of gaps in planning, finance, and data.

APA

Climate Policy Initiative (2024). The Triple Gap in Finance for Agrifood Systems. https://www.climatepolicyinitiative.org/publication/the-triple-gap-in-finance-for-agrifood-systems/

Chicago

Climate Policy Initiative. The Triple Gap in Finance for Agrifood Systems. 2024. https://www.climatepolicyinitiative.org/publication/the-triple-gap-in-finance-for-agrifood-systems/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=The Triple Gap in Finance for Agrifood Systems |date=19 November 2024 |url=https://www.climatepolicyinitiative.org/publication/the-triple-gap-in-finance-for-agrifood-systems/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2024triple, author = {{Climate Policy Initiative}}, title = {{The Triple Gap in Finance for Agrifood Systems}}, institution = {Climate Policy Initiative}, year = {2024}, month = nov, url = {https://www.climatepolicyinitiative.org/publication/the-triple-gap-in-finance-for-agrifood-systems/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }