About the 6th GLF Investment Case Symposium
Hosted in Luxembourg and online, GLF–Luxembourg Finance for Nature 2023: What comes next? united 4,500 participants from 160 countries around how finance can solve – rather than exacerbate – the climate and biodiversity crises. The event featured 106 speakers and 100 global and local partner organizations and reached 10 million people on social media, with more than 230,000 engagements.
About this session
The expansion of agriculture into forest areas is one of the most important drivers of biodiversity loss. According to IUCN, roughly 52% of the species listed as threatened are directly affected by agricultural activities, especially in the Global South.
A substantial amount of the expansion of agricultural areas is driven by international demand, offering importing countries a way to outsource part of the environmental costs of consumed agricultural products.
An increasing number of studies assess the impact of agricultural trade on ecosystems. This session summarizes the main findings, challenges and implications of such analyses for decision-making processes.
Resources
Publication: Agricultural trade and its impacts on cropland use and the global loss of species habitat