dc.description | The ways through which commodities like soy, beef, palm oil and many others are produced, processed and financed, sit at the heart of the myriad crises that humanity faces. The current business-as-usual model is a ‘race to the bottom’ where the pressure to produce commodities at ever cheaper prices is leading us on a path towards climate breakdown and ultimately huge economic and financial costs for society. Instead, we need to ‘race to the top’, where forest and agri-food value chains embed and reward positive impacts on nature, climate and local communities. This requires bold action by government, business and finance leaders to realize this vision. UNEP’s Climate Finance Unit is actively working with member states, as well as corporate and finance leaders, to develop and support a variety of innovative business and finance solutions, providing expertise on environmental & social impacts, to raise the ambition level and advocate for systemic changes to make sustainable land use the ‘norm’. | en_US |