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By supporting agroecology, multilateral development banks can stop fueling harm and start financing a just and sustainable food systems transition.
Agriculture is essential to human life. How we feed ourselves matters for nutrition, health, climate, biodiversity, and livelihoods. Nearly 928 million people are employed in farming globally, and food systems are responsible for one-third of global greenhouse gas emissions and most new deforestation.
Multilateral development banks (MDBs), like the World Bank Group (WBG), play a critical role. The WBG has committed to double its agricultural financing to $9 billion a year by 2030. In October it launched AgriConnect, an initiative seeking to transform small-scale farming into an engine of sustainable growth, jobs, and food security.
However, while some MDB investments support equitable and sustainable transformation, too many still fuel environmental destruction and inequity. The World Bank’s private sector arm, IFC, recently invested $47 million in a multi-story pig factory farm in China, for example.
A new report from the University of Vermont Institute for Agroecology analyses MDB agricultural investments and sets out a road map for how banks can support, rather than hinder, sustainable farming. The research finds that the World Bank and other public-sector lenders can drive systemic change by supporting governments with policy reforms, rural extension services, and enabling environments. For example, a $70 million Inter-American Development Bank project in Paraíba, Brazil is promoting inclusive, low-carbon agriculture, and strengthening family farmers and traditional communities through technical assistance and climate-resilient infrastructure.
MDBs’ private sector operations must reform their lending criteria and stop financing destructive projects.
MDBs are better placed than other financial institutions to take long-term, lower-return investments aligned with climate and food security goals. Agroecological farming, a holistic, community-based approach to food systems that applies ecological and social food sovereignty concepts, along with long-term productivity, provides a channel for public sector arms of MDBs to support needed agricultural transformation. MDBs and other public banks therefore, should seek to become the enablers of agroecology. The International Fund for Agricultural Development (IFAD) and the Agence Française de Développement (AFD) are already leading efforts in this direction.
In contrast to the IFAD and AFD models, the University of Vermont's Institute for Agroecology’s report found that the majority of private-focused MDBs prioritize “bankable” projects—typically large-scale, industrial, profit-driven agribusiness. This model steers money toward factory farms that use human-edible food as feed, pollute nearby communities, raise the risks of zoonotic disease and antimicrobial resistance, and engage in animal cruelty. In 2023, a report by Stop Financing Factory Farming found that public finance institutions invested US$2.27 billion in factory farming, 68% of the total investment in animal agriculture projects that year.
As evidenced by multiple complaints from impacted communities, these investments undermine poverty reduction, Sustainable Development Goals (SDGs), and Paris Agreement climate goals. MDBs’ private sector operations must reform their lending criteria and stop financing destructive projects.
Rich country governments currently subsidize agriculture, mostly industrial, at a level of $842 billion per year. According to the IMF, only a quarter is dedicated to support for public goods in the sector. Shifting this support to incentivize investments in agroecology is crucial to sustain the agricultural transformation that public banks themselves have called for.
Public banks have the opportunity to join a growing number of organisations already advancing an ecological approach to meet the SDGs and wider social, cultural, and economic, and environmental objectives. To do so, they must shift from treating agroecology as merely a niche solution and instead invest in it as a priority means for achieving food systems transformation.
Agroecology puts an end to costly and harmful practices, replacing animal cruelty with humane, safe, and fair standards.
By taking this approach, public banks can better support just transitions in food systems, something that is already beginning to take shape. Earlier this year, for example, the World Bank backed an $800 million loan to the Colombian government to advance a greener and more resilient economic transformation.
The private-sector arms of MDBs, such as IFC and IDB Invest, also have a role to play in aligning with the transition. Most importantly, they can support governments with policy advice and financing criteria that break from entrenched models and exclude industrial animal agriculture from eligibility for finance.
While MDBs have taken steps to make agricultural production and rural incomes less vulnerable to climate change, they have yet to commit to agroecological farming as the most effective pathway. In contrast, IFAD is already demonstrating what this can look like, driving agroecological transitions through private-sector incentives in Ethiopia, Peru, and Vietnam. Similarly, AFD is applying agroecology to support family farming in Ethiopia, Haiti, Madagascar, Malawi, and Sierra Leone.
If MDBs are looking to advance the SDGs and solve the polycrisis (climate, biodiversity, pandemic risk, and food security), one of the most effective ways in which this can be done is for the public sector to mobilize policy support and significant capital investment into agroecology. Meanwhile, MDB private sector arms can enable this transition by providing policy advice and finance for interventions that break from entrenched models.
Agroecology puts an end to costly and harmful practices, replacing animal cruelty with humane, safe, and fair standards. But it's not just about farming practices. It also helps transform food systems, building resilient, reparative, low-emission economies and improves livelihoods in line with the 2030 SDGs.
By supporting agroecology, MDBs can stop fueling harm and start financing a just and sustainable food systems transition. If they are serious about the SDGs, food security, and climate goals, the road map is clear—MDBs’ public sector operations must enable, their private sector operations must reform, and both must support a transition away from industrial agriculture toward a more just and sustainable food system.
Putting wind in the sails of the flagging UN Sustainable Development Goals
Building on the legacy of the first summit held in Copenhagen in 1995, the primary goal of the second World Summit for Social Development is to advance global social development and bolster much-needed momentum for the Sustainable Development Goals set out in the 2030 Agenda. This high-stakes event will be held November 4-6, 2025 in Doha, Qatar, and Better World Info has carried out thorough research on the event.
With just five years to go, the recent United Nations Sustainable Development Goals Progress Report revealed that we are on track to meet only 35% of targets by 2030. Progress on 50% of the targets is weak, and 18% are actually in reverse.
The 2025 UN World Social Report revealed a "global social crisis" characterized by insecurity, inequality, crumbling social cohesion, and diminishing trust.
Recognizing this mammoth task, the Second World Summit for Social Development (WSSD2) is a vital opportunity to assess the biggest challenges; identify omissions; and recommit to inclusivity, equity, social protection, and sustainability. The event is organized by the United Nations Department of Economic and Social Affairs (DESA), which will collaborate with various stakeholders to facilitate the crucial discussions. WSSD2 will attract over 8,000 participants.
This WSSD2, let's strengthen global partnerships, implement effective policies, foster international cooperation, set concrete proposals, and make it another historic leap for social development.
As UN Secretary-General António Guterres said, "True development is not about prosperity for the few. It is about opportunities for the many, grounded in social justice, full employment, and human dignity.”
The WSSD2 takes place during the same month as the COP30 climate conference. Both summits share the common goals of creating a more just and sustainable world for everyone. Climate change threatens the foundations of our lives; without concrete action, our efforts to enhance social protections are futile. Progress in education, poverty reduction, and social justice will be undermined if we cannot bring global warming under control.
The first summit brought together 186 countries and was a landmark moment in global efforts to address critical social challenges, including poverty, unemployment, public health, and social exclusion.
Its ambitious agenda concluded with the adoption of the Copenhagen Declaration and Programme of Action, which outlined several targets and initiatives, and became a foundation for future policies worldwide. Although the summit was, at the time, a historic moment for global progress, many of the hopes and expectations of the declaration were not realised.
More than 30 years have passed since the first summit. A lack of urgency and budget has left the WSSD2 long overdue, as the United Nations' attention has been diverted to Climate and Biodiversity summits (COP Conferences), of which there have been many.
This summit is an essential part of the United Nations' work in an area that has been overlooked for too long. Organized by civil society organisations, the World Social Forum is the only other event which addresses the planet's social needs and alternative visions of globalization.
As UN General Assembly President Annalena Baerbock said, "Without social justice there will never be long-lasting peace and security."

This year's summit will be co-facilitated by Philippe Kridelka, Belgium's permanent representative to the UN, and Omar Hilale, Morocco's permanent representative. With mounting global tensions and spiraling humanitarian crises worldwide, this conference must go beyond other United Nations summits.
The Doha Political Declaration, which was negotiated well in advance of the summit, does not contain any new or binding indicators, nor obligations for monitoring. This lack of concrete measures and quantifiable goals leaves implementation simply to the goodwill of nations. As we have seen with various climate and biodiversity goals, this does not work.
Even before the summit, the effectiveness of the WSSD2 has drawn sharp criticism from hundreds of NGOs, who have labelled the pre-negotiated declaration insufficient.
Increasing militarization, decreasing effectiveness of multilateralism, widening inequalities, the potential for future pandemics, and a right-wing shift in many influential nations have led to the redirection of vital resources away from our planet's most pressing societal needs.
Instead of ensuring the well-being, safety, and prospects of society, money is siphoned into the production of weapons of mass destruction, nuclear programs, military bases, and the promotion and justification of wars around the world.
The WSSD2 will focus on the weakest performing Sustainable Development Goals.
No Poverty: Over 2.8 billion people, more than one-third of the world's population, live in extreme poverty. Since the last summit, 35% of the people who exited poverty have relapsed back into it.
Zero Hunger: Rates of hunger and food insecurity have increased alarmingly since 2015. Two billion people worldwide lack regular access to safe, nutritious, and sufficient food. In 2024, 23% of children had stunted growth, and 6% of those under the age of 5 were affected by wasting.
Gender Equality: If the 2023 rate of progress remains, it would take an estimated 300 years to end child marriage, 286 years to remove discriminatory laws, 140 years for women to be represented equally in workplace leadership roles, and 47 years for equal representation in national politics.
Clean Water and Sanitation: In 2024, 2.2 billion people lacked access to safe drinking water, 3.4 billion people lacked safely managed sanitation, and 1.7 billion people did not have basic hygiene services at home.
Affordable and Clean Energy: In 2024, 645 million people lacked access to electricity. Almost 2 billion people are still using polluting fuels for cooking, exposing them to severe health risks.
Decent Work and Economic Growth: Informal employment remains stubbornly at an estimated 2 billion people, accounting for 58% of the world's employed population. Approximately 65% of the world's population lives in countries where income inequality is widening. There are still 160 million children involved in child labor.
Climate Action: The year 2024 was confirmed as the hottest year ever on record. A recent report by the UN revealed that current policies put the planet on track to reach a catastrophic 3.1°C warming by 2100. This scenario would expose 600 million people to flooding, reduce food yields by half, cause severe water shortages, lead to insurmountable habitat and biodiversity loss, create month-long brutal heatwaves and wildfires, heighten the risks of insect-borne diseases, and profoundly deepen inequalities.
Life Below Water: In 2019, 35% of global fish stocks were overfished. An estimated 5-12 million metric tons of plastic enters the ocean each year, costing the global economy $19 billion every single year. Record-breaking global coral bleaching began in 2023, affecting 84% of global reefs across more than 80 countries. Marine life populations have declined by 49% between 1970 and 2012. One-third of shark and ray species are now threatened with extinction. Goal 14 is the least funded of all the Sustainable Development Goals.
Life on Land: One million animal and plant species are currently threatened with extinction. Habitat loss and land degradation have led to a staggering 73% decline in wildlife populations between 1970 and 2020. Deforestation destroys around 10 million hectares of forest every single year. The Kunming-Montreal Global Biodiversity Framework aimed to protect 30% of land by 2030, but progress has stagnated since 2015.
We need to start building a society where people can thrive, rather than merely survive. With 60% of the planet struggling and 12% suffering, many, unsurprisingly, believe that life is worse now than it was 50 years ago.
Looking back at various climate, biodiversity, and economic summits, it is easy to imagine another lackluster fanfare of fake promises, greenwashing, and corporate lobbying. The stalled progress after the 1995 WSSD and the lack of other social development-focused initiatives puts huge pressure on this year's event in Doha to be a conference of action.
Social development progress has been seriously hindered by underinvestment, a lack of regulation and legality, greenwashing, outdated policies, and a lack of political will. Multiple global crises, including the Covid-19 pandemic, conflict, the climate crisis, and economic downturns, have exacerbated many existing global issues.
Ageing populations reshaping society, a right-wing shift in the political arena, increasing polarization, and international pressure to fund military alliances add additional challenges. The financing gap must be closed. Binding targets have to be set. Nations must be held accountable for inaction.
This WSSD2, let's strengthen global partnerships, implement effective policies, foster international cooperation, set concrete proposals, and make it another historic leap for social development.
As Baerbock said, "Social development is not only a matter of principle, it is also the smartest investment we can make."
At this challenging time, 80 years since the founding of the United Nations and the bombings of Hiroshima and Nagasaki in a world torn apart by war, there is hope for a just, environmentally sustainable, and peaceful world.
With two significant interconnected anniversaries occurring this week, Sunday marked the 44th anniversary of the United Nations International Day of Peace. This year‘s theme, “Act Now for a Peaceful World,“ is a call to action, identifying individual responsibility and collective power in “cultivating a culture of peace.“
Noting that this year finds a time of global turbulence, tumult, and uncertainty, it is easy to find oneself despairing. Surrendering to this challenge fuels despair. Hope is realized in identifying our individual response and working together to realize collective power. We must discard outmoded “us and them” thinking, realizing that we are one interconnected human family on this fragile planet that will either learn to live together or perish together.
Everyone has a role to play, and each of us must decide what that role is. It is not necessarily a large role or a small role, it is our role. We can no longer assume that “they will take care of it.” They, are us! We must speak up against violence, hate, discrimination, and inequality. We must practice respect and embrace the diversity of our world. The International Day of Peace builds on the Sustainable Development Goals of the United Nations. The theme aligns with the broader UN goals of sustainable development, recognizing that a peaceful world is intrinsically linked to social justice, equality, and environmental sustainability.
This week also marks the 11th anniversary of the “UN International Day for the Total Elimination of Nuclear Weapons” on September 26. With current global nuclear arsenals numbering 12,241 weapons, there is no humanitarian, social, or environmental justice and no sustainability as long as these weapons exist. Everything and everyone we care about is threatened. We must recognize the social and economic costs of the continued existence of these weapons. The United States is spending over $110 billion on all nuclear weapons programs in FY 2025 equating to over $209,000 every minute of every day on these weapons with plans for massive expansion of these expenditures in the years to come under the misguided myths of deterrence and “more is better.“
Ultimately there cannot be peace with the planet until there is peace on the planet.
Fortunately, there is hope in the effort to eliminate these weapons both here at home and around the world. The International Campaign to Abolish Nuclear Weapons was instrumental in the development and adoption of the International Treaty on the Prohibition of Nuclear Weapons, which makes nuclear weapons illegal to have, develop, transfer, use, or threaten to use under international treaty, just as all other weapons of mass destruction are.
At a time when our world is closer to nuclear war than at any time since the bombings of Hiroshima and Nagasaki, 89 seconds till “Doomsday” per the Bulletin of Atomic Scientists, there is a growing movement here in the United States to eliminate these weapons. It is called Back From the Brink. This movement that supports the international effort is bringing communities together to abolish nuclear weapons and making the connection between our future and sustainability goals. Currently there are 502 national organizations, 78 municipalities and counties, eight state legislative bodies, 487 municipal and state officials, and 51 members of Congress endorsing. The people‘s voice is rising and being heard and is the best way to affect federal policy. When the people speak, the leaders will follow. This movement can be endorsed by all, and everyone is encouraged to take the simple action of reaching out to your elected officials, both in the US House, Senate, and local officials to endorse this campaign.
So at this challenging time, 80 years since the founding of the United Nations and the bombings of Hiroshima and Nagasaki in a world torn apart by war, there is hope for a just, environmentally sustainable, and peaceful world. Ultimately there cannot be peace with the planet until there is peace on the planet. The choice is ours. It is in our hands on this week of the International Day of Peace.