Agricultural subsidies, amounting to $470 billion annually, pose significant threats to biodiversity, forests and natural ecosystems.
This report explores the transformative potential of repurposing these harmful subsidies to protect the environment and promote sustainable food systems. It underscores the urgent need for reforming detrimental agricultural policies in line with international commitments which advocate for eliminating incentives that harm biodiversity and reversing forest loss.
The report also introduces a comprehensive framework for identifying and repurposing harmful subsidies, offering potential strategies that prioritize reducing adverse impacts, safeguarding ecosystems, empowering small producers and fostering innovation in sustainable agriculture.