农业食品转型计划评估框架

Purpose of this framework Climate Bonds Initiative (Climate Bonds) has developed this guidance to help stakeholders in the financial sectorunderstand transition finance instruments and assess the transition strategies of agrifood companies. The guidance draws on: -Climate Bonds AgrifoodTransition Principles (2022)and analysis of the current state of transition financein the agrifood sector.1,2-The 2024 Climate Bonds Criteria onAgriculture Production (Crop and Livestock) and AgrifoodDeforestation- and Conversion-Free Sourcing.3,4-Climate Bonds sector-neutral work on assessing corporate transition planningand bond issuance tosupportthe transition.5,6-Intergovernmental Panel on Climate Change (IPCC), Taskforce on Nature Related Financial Disclosures(TNFD), andInternational Capital Market Association(ICMA) research and frameworks. The guidance presents: 1.An overview of the requisites of an agrifoodcompany’s transition plan,ranging from a company atthe beginning of itstransition journey (committed phase) toone at a more advanced stage(advanced phase) covering producers, manufacturers, and retailers.2.Examples of disclosure frameworks withthe relevant transitionplaninformation3.Projects that are eligible for transition financing andthat include measures which protect or restorenature. The primary goal is to assess the transition plan with respect to climate mitigation, however, climate adaptationand broader environmental goals are covered. Key points: 1.Investment in the agrifood sectorclimate transitioncan deliver onmultiple objectives of climate mitigation,adaptation and resilience (A&R),environmentalprotection, and food security.2.These objectivescan only be achieved ifthe transition planning andinvestments incorporate climate,nature,and social considerationsin aholisticway, without focusing narrowly on mitigation.3.Meeting environmental and social goals in the agrifood system requires deep shifts in both production andconsumption patterns.Measures to reduce food loss and waste, and alter diets arecritical alongsideactionto eliminatedeforestation from supply chains.4.Transition planning for producers concerns ashift from an extractive production model to practices thatmaintain and regenerate ecosystems, and eliminatedeforestation.5.Transition planning forcompanies downstream requires support for the value chain upstreamto transitionin addition toconsidering the overallsustainability of the product offeringto the market. This could includeincreasing the range and quality of plant-based products, minimising packaging whilst tackling food lossand waste, and ensuring fair prices for producers.6.Collaboration is necessary to facilitatethe transitionof producers, improve overallefficiency of the sector,and eliminatedeforestation. Supply chain engagement is therefore crucial as scope 3 is the primary sourceof emissions for this sector.7.Climate Bonds has developed sector-specific Criteria to support this assessment framework, and guidancefor deforestation-free supply chainsand crop and livestock production. which are already available.Certification criteria and guidancefor alternative protein production and decarbonising the food valuechain will be finalised in 2025. Introduction Thetransition of agricultural productionon a 1.5-degree aligned and resilient pathway plays a crucial role inachieving the goals of the Paris Agreement, given that agricultureproductionalone accounts for around 21% ofgreenhouse gas (GHG) emissions;primarily from livestock, deforestation, and fertiliser use. The sector as a whole,encompassing the value chain through to consumption,generates about 35% of all GHG emissions.7 Beyond deliveringits own transition,agriculture is alsoessentialto achieving the wider globaltransition to netzero by rapidly becoming carbon negative(absorbing more carbon than it emits) to absorb the residual emissionsfrom other sectors. Fortunately,many existing, scalable agricultural practicesalready exist to reduce GHGemissions and sequester carbon as well assupport adaptation ofthe sector toprojected climate impactswhilstmaintaining production levels. Thesepracticesrequirefinance and support from lenders and investors, as well asthe policy community,to be delivered at scale without placing excessive financial burdens on producers. Companies across the agrifood value chain, from producer to retailer, arestarting todesign and cost theirtransition to net zero throughthe development oftransition plans.Transition plans set out the corporate strategyand performance targets for sustainable change, and detail how the company willfinanceand deliver the businesstransformationto climate-resilient pathways that are aligned with the goals of the Paris Agreement. Increasingly, investors are seeking to use corporatetransition plansas the basis to channeltransition finance into1.5-degree aligned and aligning companies.Unlike green finance, which typically focuses on projects that arealreadysustainable, transition financ