25 leading philanthropies have issued a joint call for a tenfold increase in funding for regenerative and agroecological transitions to address urgent global agricultural and environmental challenges. These philanthropies have aligned around a shared ambition: to catalyze a transition to 50% regenerative and agroecological systems by 2040, and to ensure all agriculture and food systems are transitioning by 2050. They urge that to align food systems with the 1.5ºC goal of the Paris Agreement there is a need to phase out fossil fuel use, especially fossil fuel–based agrochemicals in industrial agriculture, and transition toward agroecology and regenerative approaches.

This report assesses what is required for a systems transformation to agroecology and regenerative approaches; establishes the required magnitude of financing; defines barriers to change and systemic drivers; and outlines investment strategies to accelerate the transition. Following COP28, this initiative will advance this work by ground truthing and implementing catalytic acceleration levers to unlock locally-led financing and transition pathways.