{"id":252442,"date":"2023-04-24T09:47:47","date_gmt":"2023-04-24T13:47:47","guid":{"rendered":"https:\/\/www.un.org\/pga\/77\/?p=252442"},"modified":"2023-04-24T10:12:49","modified_gmt":"2023-04-24T14:12:49","slug":"pga-remarks-to-good-food-finance-week-leaders-dialogue","status":"publish","type":"post","link":"https:\/\/www.un.org\/pga\/77\/2023\/04\/24\/pga-remarks-to-good-food-finance-week-leaders-dialogue\/","title":{"rendered":"PGA remarks to Good Food Finance Week Leaders Dialogue"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Csaba\u00a0K\u0151r\u00f6si<\/em>,<\/em> President of the 77th<\/sup> session of the General Assembly<\/span><\/strong><\/p>\n

—-<\/span><\/strong><\/p>\n

Good Food Finance Week (GFFW) Leaders Dialogue<\/span><\/strong><\/p>\n

24 April 2023 <\/span><\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

Ladies and <\/span><\/span>G<\/span><\/span>entlemen<\/span><\/span>, Dear <\/span><\/span>F<\/span><\/span>riends<\/span><\/span>,<\/span><\/span><\/p>\n

\n

All actions<\/span><\/span> have <\/span><\/span>multiple <\/span><\/span>consequences whether they were intended or not.<\/span><\/span><\/p>\n

\n

Similarly, <\/span><\/span>inaction<\/span><\/span> also <\/span><\/span>leads to consequences<\/span><\/span>, many of which would better be avoided<\/span><\/span>.<\/span><\/span><\/p>\n

\n

F<\/span><\/span>ood production is <\/span><\/span>a major driver<\/span><\/span> of climate change and the destruction of nature, accounting for:<\/span><\/span><\/p>\n

\u2022 <\/span>nearly <\/span><\/span>one-third<\/span><\/span> of greenhouse gas emissions<\/span><\/span>,<\/span><\/span><\/div>\n
\u2022 <\/span>90%<\/span><\/span> of land-use change<\/span><\/span>, and<\/span><\/span><\/div>\n
\u2022 <\/span>70<\/span><\/span>-80<\/span><\/span>%<\/span><\/span> of water use globally. <\/span><\/span><\/div>\n

\n

It means <\/span><\/span>the planet<\/span><\/span> sustaining capacities and the today\u2019s way of producing food are inconsistent. With other words, through the <\/span><\/span>todays<\/span><\/span> food production, we consume more natural capital than what is being regenerated. <\/span><\/span><\/p>\n

\n

It is not an argument for producing less food. By 2050, the world will need 30-50% more food than what is being consumed today. It is a call for doing more in a smarter way.<\/span><\/span><\/p>\n

\n

We are financing a food production system that is accumulating debts in terms of <\/span><\/span>depleting <\/span><\/span>natural capital. These debts will not disappear. We and our successors will have to pay them back <\/span><\/span>in the form of increasing cost of production or declining quality.<\/span><\/span><\/p>\n

\n

T<\/span><\/span>oday\u2019s<\/span><\/span> cascading global crises have <\/span><\/span>increased food insecurity<\/span><\/span> in <\/span><\/span>almost all<\/span><\/span> countries.<\/span><\/span><\/p>\n

\n

It means <\/span><\/span>people <\/span><\/span>are suffering<\/span><\/span> because of <\/span><\/span>the <\/span><\/span>inadequate <\/span><\/span>ways we <\/span><\/span>deal with<\/span><\/span> food.<\/span><\/span><\/p>\n

\n

Peopl<\/span><\/span>e and planet at peril<\/span><\/span>: t<\/span><\/span>hese are <\/span><\/span>two very <\/span><\/span>grave arguments<\/span><\/span> for <\/span><\/span>transforming<\/span><\/span> our <\/span><\/span>food systems.<\/span><\/span><\/p>\n

\n

Reforming<\/span><\/span> how we produce, transport, process, <\/span><\/span>store, <\/span><\/span>trade, invest in<\/span><\/span>, <\/span><\/span>regulate and consume food <\/span><\/span>has become critical to addressing <\/span><\/span>our most pressing <\/span><\/span>global <\/span><\/span>challenges. \u00a0<\/span><\/span><\/p>\n

\n

Studies estimate the cost of food system transformation would require about $300-350 billion <\/span><\/span>annually <\/span><\/span>over the next 10 years. \u00a0 <\/span><\/span><\/p>\n

\n

The key to achieving transformative change is in <\/span><\/span>how we finance<\/span><\/span> food systems \u2013 and in implementing a <\/span><\/span>holistic food finance architecture<\/span><\/span>.<\/span><\/span><\/p>\n

\n

A holistic approach must correct <\/span><\/span>system inefficiencies<\/span><\/span> and <\/span><\/span>promote sustainable practices that benefit us and <\/span><\/span>our only globe, too. <\/span><\/span><\/p>\n

\n

Importantly, <\/span><\/span>it <\/span><\/span>must <\/span><\/span>help <\/span><\/span>redirect $2 trillion in private capital<\/span><\/span> towards healthier outcomes.<\/span><\/span><\/p>\n

To unlock the capital<\/span><\/span> required<\/span><\/span>, we need both public and private financial institutions to <\/span><\/span><\/p>\n

\u2022 <\/span>o<\/span><\/span>ffer improved terms of lending,<\/span><\/span><\/div>\n
\u2022 <\/span>f<\/span><\/span>acilitat<\/span><\/span>e<\/span><\/span> access to investment in sustainable technologies<\/span><\/span>, and<\/span><\/span><\/div>\n
\u2022 <\/span>d<\/span><\/span>e-risk transactions through blended finance<\/span><\/span>.<\/span><\/span><\/div>\n

\n

What else<\/span><\/span> must we do? <\/span><\/span><\/p>\n

\n

Let us<\/span><\/span> acknowledge that <\/span><\/span>w<\/span><\/span>e cannot change what we cannot measure<\/span><\/span>. <\/span><\/span><\/p>\n

\n

W<\/span><\/span>e need a new economic model that looks <\/span><\/span>beyond GDP<\/span><\/span>,<\/span><\/span>and<\/span><\/span> measures<\/span><\/span> all<\/span><\/span> relevant<\/span><\/span> factors<\/span><\/span> involv<\/span><\/span>ed in<\/span><\/span> humanity\u2019s<\/span><\/span>well-being<\/span><\/span>, including <\/span><\/span>the <\/span><\/span>human, social, natural and built capitals <\/span><\/span>not captured<\/span><\/span> in <\/span><\/span>the <\/span><\/span>traditional GDP <\/span><\/span>metric<\/span><\/span>.<\/span><\/span><\/p>\n

\n

The<\/span><\/span> number of trees<\/span><\/span> cut down<\/span><\/span> and natural services eliminated<\/span><\/span> in the name of agricultural development, for example. <\/span><\/span><\/p>\n

\n

Or<\/span><\/span> the <\/span><\/span>volume<\/span><\/span> of <\/span><\/span>pollutants<\/span><\/span> in our air<\/span><\/span>, which<\/span><\/span> is linked to human health.<\/span><\/span><\/p>\n

\n

Don\u2019t misunderstand me: GDP is <\/span><\/span>useful <\/span><\/span>\u2013 for certain objectives.<\/span><\/span> But may not be enough to uphold a system to sustain people. Because the food system we finance will be efficient only if the value we create is not less than the value we eliminate<\/span><\/span> throughout production<\/span><\/span>.<\/span><\/span><\/p>\n

\n

A<\/span><\/span>s s<\/span><\/span>tatistician Stefan <\/span><\/span>Schweinfest<\/span><\/span> recently<\/span><\/span> explained, \u201cIf you\u2019re trying to eat soup with a fork, don\u2019t blame the fork. It\u2019s the <\/span><\/span>wrong<\/span><\/span> tool. The <\/span><\/span>spoon<\/span><\/span> has been invented.\u201d <\/span><\/span><\/p>\n

\n

By <\/span><\/span>spooning out <\/span><\/span>more<\/span><\/span> information<\/span><\/span>, by <\/span><\/span>measuring <\/span><\/span>more<\/span><\/span>, <\/span><\/span>we gain <\/span><\/span>a more accurate <\/span><\/span>picture<\/span><\/span> of <\/span><\/span>the impact of what <\/span><\/span>we consume and produce.<\/span><\/span><\/p>\n

\n

\n

Third,<\/span><\/span> w<\/span><\/span>e need <\/span><\/span>to inject <\/span><\/span>more science<\/span><\/span> into decision-making<\/span><\/span>. <\/span><\/span><\/p>\n

\n

As part of my commitment to <\/span><\/span>boost <\/span><\/span>action at the United Nations<\/span><\/span>, I <\/span><\/span>recently <\/span><\/span>host<\/span><\/span>ed<\/span><\/span> the <\/span><\/span>s<\/span><\/span>econd <\/span><\/span>science <\/span><\/span>b<\/span><\/span>riefing<\/span><\/span> in the <\/span><\/span>General Assembly<\/span><\/span>. <\/span><\/span><\/p>\n

\n

Experts discussed<\/span><\/span> \u201cFood Security and Sustainability Transformation\u201d<\/span><\/span> and <\/span><\/span>called for<\/span><\/span> a holistic approach to address <\/span><\/span>the unintended consequences<\/span><\/span> of our food strategies<\/span><\/span> on <\/span><\/span>the <\/span><\/span>environment, our societies and our health.<\/span><\/span><\/p>\n

\n

They agreed that<\/span><\/span> s<\/span><\/span>cience-based thinking<\/span><\/span> is <\/span><\/span>needed <\/span><\/span>to minimize <\/span><\/span>the <\/span><\/span>trade-offs<\/span><\/span> \u2013 and <\/span><\/span>maximize <\/span><\/span>the <\/span><\/span>synergies <\/span><\/span>\u2013<\/span><\/span>among<\/span><\/span> food security, nutrition, poverty reduction, water and climate change<\/span><\/span> efforts<\/span><\/span>.\u00a0<\/span><\/span>To make sure what we finance, will support sustainable development on the shorter and longer run, too.<\/span><\/span><\/p>\n

\n

\n

Dear<\/span><\/span> Friends, <\/span><\/span><\/p>\n

\n

W<\/span><\/span>e <\/span><\/span>have <\/span><\/span>the strategies, <\/span><\/span>knowledge, systems, <\/span><\/span>technologies and capital needed to transform our food systems<\/span><\/span> on a global scale.<\/span><\/span><\/p>\n

\n

Our progress is critical to achieving the SDGs and the Paris Climate Agreement.<\/span><\/span><\/p>\n

\n

What we need is t<\/span><\/span>o reinforce th<\/span><\/span>e <\/span><\/span>commitment<\/span><\/span>. The <\/span><\/span>will.<\/span><\/span>The determination <\/span><\/span>to act<\/span><\/span>.<\/span><\/span><\/p>\n

\n

I <\/span><\/span>commend you<\/span><\/span> for <\/span><\/span>seek<\/span><\/span>ing <\/span><\/span>solutions <\/span><\/span>that will <\/span><\/span>help us accelerate the pace of change<\/span><\/span>.<\/span><\/span><\/p>\n

\n

I am grateful to you for doing so much to transform this crucial element of our <\/span><\/span>great global equation.<\/span><\/span><\/p>\n

\n

Yes, I admit, <\/span><\/span>changing <\/span><\/span>things <\/span><\/span>always<\/span><\/span> means <\/span><\/span>taking risks<\/span><\/span>, too.<\/span><\/span><\/p>\n

\n

But we must have learned by now that the <\/span><\/span>price of inaction <\/span><\/span>is usually<\/span><\/span> far greater than the cost of making a mistake<\/span><\/span>.<\/span><\/span><\/p>\n

\n

As investor <\/span><\/span>Mellody<\/span><\/span> Hobson put it<\/span><\/span>,<\/span><\/span> \u201c<\/span><\/span>The biggest risk of all is <\/span><\/span>not taking<\/span><\/span> one.<\/span><\/span>\u201d<\/span><\/span><\/p>\n

\n

I thank you.<\/span><\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Csaba\u00a0K\u0151r\u00f6si, President of the 77th session of the General Assembly —- Good Food Finance Week (GFFW) Leaders Dialogue 24 April 2023 \u00a0 Ladies and Gentlemen, Dear Friends, All actions have […]<\/p>\n","protected":false},"author":361,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"Csaba K\u0151r\u00f6si, President of the 77th session of the General Assembly\r\n\r\n----\r\n\r\nMessage on the 75th anniversary of the World Health Organization (WHO)\r\n\r\n7 April 2023\r\n\r\n \r\n\r\nOn this World Health Day, I congratulate WHO on its 75th anniversary.\r\n\r\n \r\n\r\nOver the course of its history, WHO has contributed to landmark achievements in public health, including the eradication of smallpox, the near eradication of polio and the expansion of childhood immunization, saving millions of lives.\r\n\r\n \r\n\r\nMore recently, WHO has played a key role in the global response to the COVID-19 pandemic and helped galvanise the most complex vaccination campaign in history. Time and again, WHO has proved that investing in science lies at the heart of reaching our objective of a healthy and prosperous future.\r\n\r\n \r\n\r\nHowever, the pandemic has disrupted essential health services in most of the countries, shortened life expectancy, and halted progress towards universal health coverage.\r\n\r\n \r\n\r\nHalfway through the 2030 Agenda for Sustainable Development, we must redouble our efforts to achieve its goals. \r\n\r\n \r\n\r\nAs we prepare for the upcoming high-level meetings on health in the General Assembly, let us seize this opportunity to reconfirm our collective pledges and chart new pathways for a healthy and sustainable future.\r\n\r\n \r\n\r\nOn this day and every day, let us commit to achieve Health for All.","_et_gb_content_width":"","footnotes":""},"categories":[111],"tags":[],"class_list":["post-252442","post","type-post","status-publish","format-standard","hentry","category-statements","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nPGA remarks to Good Food Finance Week Leaders Dialogue - 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