Investment Forum for Advancing Climate Resilient Agrifood Systems in India
The Investment Forum for Advancing Climate Resilient Agrifood Systems in India, launched by NITI Aayog, the Ministry of Agriculture and Farmers’ Welfare, and the Food and Agriculture Organization (FAO), aims to develop strategies for enhancing climate-resilient agrifood systems in India. This initiative, inaugurated in January 2024, focuses on creating an investment and partnership strategy by involving various stakeholders from the government, private sectors, farmers’ organizations, and financial institutions. Discussions at the forum centered around climate-resilient agriculture, digital infrastructure, financing systems, value chains, production practices, and gender mainstreaming in the context of climate resilience. The forum highlighted the significant impact of climate change on India, especially on its rural population dependent on climate-sensitive agriculture, emphasizing the need for larger investments from various sources to address these challenges. Key speakers at the event stressed the importance of a multi-stakeholder approach, focusing on small and marginal farmers, and the need for local solutions to climate patterns, as well as raising awareness about agriculture’s role in climate change and the potential for carbon sequestration through tree plantation on farmland. The forum sets a direction for future collaboration among different sectors, focusing on sustainable agricultural practices, climate resilience, and evaluating the economic impact of agricultural activities beyond financial metrics.
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