JBS urges for technical and financial support to rural producers to fight climate change
Speaking in Davos last week, Gilberto Tomazoni, global CEO of JBS, the world’s largest food company, argued that the way to reduce greenhouse gas emissions is to offer technical and financial support to rural producers, particularly to the smaller producers.
Tomazoni was part of the panel ‘Why Lands Matter,’ at the World Economic Forum in Davos, Switzerland, alongside representatives of the government, the third sector and financial institutions.
“We need to focus on supporting farmers, with knowledge sharing and access to credit to make the transition to more sustainable production. This way, they will be able to produce more, be more efficient, while applying existing technology,” said Tomazoni during the panel, which also included Jennifer Morris, CEO of The Nature Conservancy, Stefaan Decraene, executive chairman of the Rabobank Group, Maria Susana Muhamad, minister of Environment and Sustainable Development of Colombia, and Jack Hurd, executive director of the Tropical Forest Alliance. The mediation was led by Jamie Heller, business editor of The Wall Street Journal.
Tomazoni highlighted that in Brazil, there are existing solutions to promote more efficient and sustainable agriculture and livestock production, such as the recovery of degraded pastures. “In a single area, you can increase food production by 10 times and still capture more carbon from the atmosphere. Imagine how this could benefit a producer’s income”, said Tomazoni.
However, in the CEO’s vision, besides taking these production methods to the farmers, it is necessary to offer financial credit so that they can put them into practice. “Today, less than 2% of the funds dedicated to tackling climate change go to this sector of the population. We urgently need to change this”. Tomazoni also highlighted the importance of segmenting the producers in order to offer support and services according to their needs.
As part of the solution for better land use, Tomazoni presented the example of the JBS Fund for the Amazon, which focuses on providing technical and financial support to local projects that seek the sustainable development of the Amazon. For the JBS executive, it is necessary to create a solidarity network as it is imperative that social inclusion and sustainable practices go hand in hand. This is precisely the vision of the JBS Fund, which supports initiatives that generate environmental preservation and socioeconomic growth in Amazon communities.
Finally, Tomazoni emphasized that the government, financial and production sectors, as well as the third sector need to come together to build this climate solution, ensuring that the resources reach small producers without neglecting the food security of the growing world population under any circumstances. “If we work collectively to support farmers, we can produce more, reduce emissions, and protect our natural resources,” he concluded.