‘We need to find ways to incentivise farmers to become the heroes of the change, and to help them to store carbon in their crops, soils and fields.’
As part of its call for business to elevate soil health commitments, and work collaboratively to enable and scale sustainable soil agriculture practices, the World Business Council for Sustainable Development (WBCSD) has launched the Soil Investment Guidance Report.
Developed by the WBCSD’s Soil Investment Hub (SIH), the report aims to help food and agriculture companies invest in high-value and long-term solutions for healthy soils along their supply chains and beyond. The report identifies 13 investment mechanisms that are impactful and have financial, environmental and social returns. The report sets out the case for investing in healthy soils, along with steps companies can take to plan for soil investment, as the WBCSD urges companies to ‘…radically scale, channel and maximise the robustness of investments based on science and best-practice standards for health soils.’
Unilever’s President of Foods & Refreshments, Hanneke Faber said; ‘Healthy soil is essential to support thriving communities, economies and natural ecosystems.’
The report was compiled through regular meetings between scientists, farm associations, farmers, academia, civil society and business representatives. The SIH has said that it will continue to develop business guidance to ‘mainstream investments into soil health across corporate investment processes.’
Weibe Draijer, Chief Executive Officer of Rabobank Group commented; ‘We need to find ways to incentivise farmers to become the heroes of the change, and to help them to store carbon in their crops, soils and fields.’