Gilberto Tomazoni, the CEO of meat group and tannery owner JBS, has said more climate spending needs to be directed towards agriculture, when he spokes at the Sustainable Business COP in São Paulo.
He said: "Currently, less than 4% of climate change investments go to agriculture, and only 1.7% of climate financing is allocated to projects in rural areas of developing countries.
"We cannot treat climate and food security as separate issues. We must place agriculture at the heart of this discussion. We need to increase productivity and improve how we produce.”
He cited JBS’
livestock tracking programme as having a beneficial effect. "There are fantastic projects in Brazil that can be used and have scaled in other countries," he said.
He also emphasised the need to involve the whole production chain, from seeds and fertilisers to commercialisation, and to develop appropriate metrics for measuring emissions and capturing greenhouse gases in tropical agriculture.
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