As the timeline for achieving global climate goals is shortening, the urgency for investing in transformative change beyond individual company operations or direct supply chains cannot be overstated. This is particularly true for the agriculture and land use sectors. This joint position contains a summary of some of the feedback from these organisations to the the Science Based Targets initiative (SBTi) as part of its public consultation process and aims to serve as a reference and discussion point for stakeholders interested in building incentives for companies to take Beyond Value Chain Mitigation (BVCM) actions.
IDH and partners emphasize that we should first and foremost mobilise corporate action and finance to mitigate deforestation at scale in the places where it is needed the most.
For more information on the SBTi’s public consultation around BVCM access the full report here: