The SMI Agribusiness Task Force's report "Scaling Regenerative Farming: an action plan" warns that adoption rates are currently lagging far behind the rate needed to effectively tackle climate change. Fresh analysis by Systemiq has revealed that regenerative farming - whilst expanding its footprint over recent years - must triple its rate of growth to deliver against the world's need to limit climate change to 1.5 degrees. It needs to make up at least 40% of global cropland by 2030, up from around 15% today.
The Task Force calls for common metrics and market-based financial incentives for environmental outcomes, targeted government policy and an overhaul of food sourcing - all to make regenerative agriculture a 'no brainer' business decision for farmers.
The Task Force is comprised of executives from many of the world's largest and most influential agribusiness companies and organisations, united by a common ambition to enable regenerative farming to become mainstream: Bayer, HowGood, Indigo Agriculture, Mars, McCain Foods, McDonald's, Mondelez, Olam, PepsiCo, Sustainable Food Trust, Waitrose & Partners and Yara International.
Read more here: https://www.sustainable-markets.org/taskforces/agribusiness-task-force/
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