Netherlands, Japan Join FAST as Farm Climate Finance Keeps Shrinking
COP 31 Presidency Events • United NationsNovember 13, 2026
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Food and agriculture produce about a third of global emissions but draw only 4% to 5% of climate finance, and new FAO data presented at COP31 show that share is falling. At the FAST Partnership's high-level ministerial event on Nov. 13, 2026, the Netherlands and Japan joined the coalition, bringing membership to 58. Farmers, lenders and governments used the session to argue that the money must be redesigned to reach producers. No votes were taken.
- Agrifood climate finance fell about 10% in two years, compared with 2% elsewhere, FAO reported
- Netherlands and Japan join FAST, bringing the partnership to 58 members
- $1.1 trillion yearly need compared with $28.5 billion invested, Australia said
- EDF launches Dairy Rise for Indian dairies, with $4 million committed toward $10 million
- Family farming gets under 1% of climate finance as producers push for better design
- Egypt's ambassador warns against uniform mitigation targets and unilateral trade measures
The event's moderator opened with the question that shaped the session: "What must the finance community hear from the food and agriculture community?" asked the FAST Partnership moderator, who urged ministers to carry the answers into COP outcomes.
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