Giving Compass' Take:
- A World Bank Report finds that the right kind of agricultural subsidies can address climate change and food security issues.
- What role can donors play in supporting productive agricultural subsidies? Where can such subsidies do the most good?
- Learn more about the relationship between agriculture and climate.
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A recent World Bank report, Revising Public Agricultural Support to Mitigate Climate Change, finds that agriculture subsidies have the potential to address food security and mitigate the impacts of climate change.
Agriculture currently accounts for 25 percent of total global greenhouse gas (GHG) emissions, according to the Word Research Institute (WRI). But by 2050, the WRI expects the global population to increase by 2.2 million people. Researchers believe this will increase food production by 50 percent and drive up GHG emissions.
According to the World Bank report, a redirection of agriculture subsidies to support more research, innovation, and development, could curb global emissions while also feeding the world.
Read the full article about agriculture subsidies at Food Tank.