Global food companies worth US$2.1 trillion join forces for sustainable farming
The 14 founding members of the First Movers Coalition for Food aim to procure US$10-20 billion of low-carbon farming commodities.
The momentum for food systems transformation continues to grow today with the launch of the First Movers Coalition for Food, which aims to leverage the procurement power of 14 major food companies to accelerate sustainable farming.
The launch comes on the same day that 150 non-state actors including Unilever, Nestlé and Danone have called for the transformation of global food systems, and 134 countries have committed to integrate food into climate plans by 2025, as food takes centre stage at COP28.