CFC welcomes the Pact for the Future’s focus on sustainable food systems

A major new international agreement adopted at the United Nations’ Summit of the Future by UN members, is an important step towards strengthening global cooperation on issues such as eradicating poverty and developing sustainable food systems. 

The Pact for the Future aims to foster closer collaboration among countries as they confront some of humanity's most pressing challenges. Many of its objectives align with our purpose at the CFC to increase prosperity and support rural development in some of the poorest regions of the world. 

The pact outlines a comprehensive commitment by governments to implement the Sustainable Development Goals (SDGs) by 2030, including eradicating poverty, addressing climate change, fostering gender equality, leveraging science & technology and reforming global governance.

There are several key actions within the pact that align with our mission at the CFC:

• Action 1: We will take bold, ambitious, accelerated, just and transformative actions to implement the 2030 Agenda, achieve the Sustainable Development Goals and leave no one behind.
• Action 2: We will place the eradication of poverty at the centre of our efforts to achieve the 2030 Agenda.
• Action 3: We will end hunger and eliminate food insecurity and all forms of malnutrition.
• Action 4: We will close the Sustainable Development Goal financing gap in developing countries.
• Action 8: We will achieve gender equality and the empowerment of all women and girls as a crucial contribution to progress across all the Sustainable Development Goals and targets.
• Action 9: We will strengthen our actions to address climate change.
• Action 10: We will accelerate our efforts to restore, protect, conserve and sustainably use the environment.

• Action 28: We will seize the opportunities presented by science, technology and innovation for the benefit of people and planet. 

CFC Managing Director Amb. Mohammed Belal said: “The pact's emphasis on eradicating hunger and promoting sustainable food systems are key priorities for the CFC, which supports initiatives that strengthen resilience in food supply chains and agricultural production.”

He added: “One of the CFC’s core functions is providing financing to agribusinesses that work with smallholder farmers in developing countries. This is reflected in our efforts to mobilize and allocate resources that align directly with this goal, particularly in underfunded regions.” 

Speaking after the pact was agreed UN Secretary-General António Guterres said: “We have unlocked the door. Now it is our common responsibility to walk through it. That demands not just agreement but action.”

Alongside its call for international cooperation to tackle interconnected global crises –such as climate change, inequality, and conflict – the pact advocates for reform of global financials systems to address the financing gap faced by developing countries. It also includes a Global Digital Compact that aims to create inclusive digital economies and ensure everybody benefits from tech innovation. 

These are also key focuses for the CFC. We remain dedicated to building partnerships with governments, the private sector, and international organizations to mobilize financial resources for agricultural development where it is needed most. We are also constantly exploring ways to adopt climate-smart technology and digital innovation that will benefit the poorest smallholder farmers.

By empowering women, youth and marginalized groups, and strengthening regional food systems, the CFC aims to boost resilience and drive progress toward sustainable agriculture, poverty reduction, and global food security.