Welcome to the 19th Issue of Norton Rose Fulbright's flagship journal for the food & agribusiness sector, Cultivate. In this edition, we focus on the ever increasingly important topic of climate change. Businesses and governments around the world are working together to fund and find solutions, to reduce carbon emissions, explore clean water and air, and produce food more efficiently in an increasingly more volatile environment.
Our first article looks at the risks caused by climate change in the food and agribusiness sector. Looking at the physical risks that both climate change and the food and agribusiness companies themselves pose to the environment and the damage it is set to cause. Before briefly touching on the ways these risks can be mitigated and reduced to help protect the environment and the all-important food and agribusiness sector.
This leads onto our feature article which focuses on innovation in the fight against climate change. The article looks at every stage of production to decipher the ways that new technologies and methods are and can continue to help mitigate the effects that agricultural practices have on the environment. The problem now facing the industry is what motivates businesses to implement these often more expensive techniques?
The following article looks at New York State's new Climate Leadership Act. As the US federal government has in recent years not seemingly considered climate change a priority, a number of individual states have stepped up to the plate to provide leadership required on climate change. We take an in-depth look at the new legislation adopted by the State of New York generally and its specific impact on agriculture.
As climate change becomes more important to companies they are constantly looking for new ways to make their businesses 'greener'. This has led to the creation of a transition bond and more sustainable financing. These new concepts look to help put the agriculture and commodity companies on the road to a more sustainable future.
As the risk for food and agricultural companies continue to increase so do the disputes which arise from these risks. Our final climate change article looks at how people and businesses are acting on the inaction of their governments and governments around the world to try and protect their livelihood.
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