Most agricultural funding distorts prices, harms environment: UN report

Around 87% of the $540 billion in total annual government support given worldwide to agricultural producers includes measures that are price distorting and that can be harmful to nature and health.  

That is the main finding of a new UN report calling for repurposing these incentives to achieve more of the 2030 Sustainable Development Goals and realize the UN Decade of Ecosystem Restoration

The report, A multi-billion-dollar opportunity: Repurposing agricultural support to transform food systems, was launched on Tuesday by the Food and Agriculture Organisation (FAO), the UN Development Programme (UNDP) and the UN Environment Programme (UNEP). 

The report was launched ahead of the 2021 Food Systems Summit convened by the UN Secretary-General António Guterres, due to take place on 23rd September in New York.  

Abdullahi Hassan reports.

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