Recent price hikes on food commodities have increased mainstream awareness and concerns around food security and nutrition. The issue is now at the top of the global agenda due to the expected increase in food demand driven by population growth and changing consumption patterns. Furthermore, our capacity to meet this demand is compromised by dwindling natural resources, the effects of climate change, and the need to protect our ecosystems and reduce greenhouse gas emissions.
To achieve systemic change, business will need to collaborate with governments. For example, Governments of Least Developed Countries (LDCs), at the 2011 UNFCCC Durban Conference, adopted the Private Sector Initiative (PSI) of the Cancun Adaptation Framework which seeks to catalyse involvement of the private sector in the National Adaptation Plans for Action.