Facilitate sustainable farming to address climate change

BATHINDA: A global association of investment professionals, CFA (Chartered Financial Analyst)  Institute, asked Indian banks, venture capital investors, and policymakers to catalyze private capital for sustainable agriculture.

Since 58% of India’s population has farming as its source of livelihood which also contributes to global food security, is vulnerable to climate change, says the report released by the institute and prepared in partnership with Climate Bonds Initiative. In the webinar organized by the institute with Climate Bonds, Sandeep Bhattacharya, India Project Manager presented the findings.

Moreover, Vidhu Shekhar, Country Head, CFA Institute said,” The COP26 climate summit in Glasgow emphasized the need of making farming a more sustainable exercise. However, India runs National Mission for Sustainable Agriculture to improvise new strategies for making the country’s agriculture more resilient to the changing climate. But more has to be done in terms of policies and technology.” The report surfaced with certain recommendations to the policymakers and stakeholders. It demands augmenting the financing of sustainable agriculture and addressing the capacity needs of the stakeholders.