JBS joins the First Movers Coalition for Food and strengthens its commitment to advancing global low-carbon livestock development.

On the last Friday (01/12), during COP-28 in Dubai, JBS became a signatory of the First Movers Coalition for Food. This initiative, spearheaded by the World Economic Forum with support from the Government of the United Arab Emirates and 19 other companies, aims to expedite the development of agricultural methods, technologies, and sustainable productions, thereby fostering the global development of low-carbon agricultural products. This will be achieved through the establishment of a value chain by coalition members, targeting the procurement of low-carbon emission products worth up to 20 billion dollars. "Food systems are pivotal in achieving the goals of the Paris Agreement—both in limiting and adapting to global warming—while feeding a growing global population. The demand for sustainably produced agricultural commodities can support the transition to a low-carbon economy in agricultural and food value chains," highlighted Jason Weller, Global CSO of JBS. Comprising leading agribusiness companies, value chain partners, farmer organizations, and researchers, alongside governments, the First Movers Coalition for Food aims to enhance existing food systems. To boost sustainable agricultural methods and technologies, and foster the demand for low-carbon products, the newly launched initiative aims to create, by 2030, a market aggregated demand for sustainably produced agricultural commodities. According to the World Economic Forum, the coalition's participating companies represent a combined revenue of 2.1 trillion dollars, with operations worldwide. These are companies that acknowledge the need for more sustainable practices and innovation in food production systems. Starting from the second half of this month, the World Economic Forum, participating companies, and governments will collaborate to identify commitments and pathways to support and mobilize the ecosystem that will enable this transformation. The coalition is expected to publish the initial results of the collaborative work at the beginning of the second half of 2024. The First Movers Coalition for Food is built on the success of the First Movers Coalition for Industry, launched at COP26 in Glasgow, Scotland, by US President Joe Biden and the World Economic Forum in 2021. The First Movers Coalition for Industry consolidates early market demand for innovative clean technologies across eight industrial sectors that face challenges in reducing greenhouse gas emissions: aviation, maritime transport, road transport, steel, aluminum, cement, and chemicals.