Science-led sustainable farming initiative
Lifting productivity and optimising land use to regenerate underperforming farms
A new farming initiative backed by the CEFC is targeting the regeneration of underperforming farms while lowering their carbon intensity and improving sequestration.
food systems emissions
As agricultural asset managers for institutions there is complete transparency in our financial performance. What is ground-breaking here is that we have embedded the same accountability in the delivery of soil carbon, carbon in vegetation, emission reduction, biodiversity and other sustainability measures.Bradley WheatonPortfolio Manager, Gunn Agri
The CEFC has made a $50 million cornerstone commitment to the Transforming Farming Platform alongside an initial $50 million from the global Kempen SDG Farmland Fund.
The science-led sustainable farming initiative is managed by Gunn Agri Partners, an Australian-based specialist agricultural asset manager with a portfolio of $300 million. The Platform will span mixed farming assets across the main cropping areas of Australia and will focus capital investment in underperforming small to medium farms to help lift productivity and optimise land use.
The CEFC is an active investor in the agriculture sector, across small and large scale agricultural projects, including emerging soil carbon initiatives. We recognise that smaller scale, mixed use Australian farms can reap considerable benefits by using data-backed best practice farming techniques to increase profitability and productivity while cutting their carbon footprint.
The CSIRO predicts that future global food security depends in part on achieving the highest possible yields on existing farmland. The Transforming Farming Platform approach integrates regenerative farming methods and improved land management techniques to optimise yield productivity, reduce carbon emissions and sequester carbon. Incorporating data from the CSIRO, including its Yieldgap research, the Platform works across cropping systems, weather and soil data and crop variabilities to optimise production.
Agriculture is a significant and growing contributor to global emissions. Approximately two-thirds of food systems emissions come from agriculture, land use and changes in land use. With the global population projected to reach 10 billion by 2050, agricultural production will need to increase by at least 50 per cent compared to 2012 output.