The Plantbased Business Hour Is 2025 the Year for Financing Food Fast? Ambassador Ertharin Cousin
Sep 12, 2024
Ertharin Cousin, former U.S. Ambassador to the UN Agencies for Food and Agriculture and Executive Director of Food Systems for the Future, shares insights on pivotal changes expected by 2025 in food financing. She highlights the urgent need for investment in food systems to match climate goals, contrasts funding levels in food tech to other sectors, and discusses how personalized nutrition tools can democratize health access. Cousin also addresses the complexities of food security policy and the importance of sustainable practices and collaboration.
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Vision of Food Systems for the Future
- Food Systems for the Future aims to create a world without malnutrition by transforming food systems sustainably.
- This requires ensuring healthy environments, human health, and fair financial rewards for all food system actors.
Need for Patient Capital
- Food systems innovation requires patient capital due to slow development, like seasonal growth cycles.
- Quick capital seeking fast returns risks failures, especially in ag tech and cultivated meat sectors.
Blended Capital De-Risks Investment
- Use blended capital including public, private, and philanthropic money to de-risk food system investments.
- Instruments like PRI capital and offtake agreements encourage private sector investments in ag tech.