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Brazil feeds 10% of the global population. It is home to 10% of the world’s biodiversity. It stores 25% of the world’s carbon. There is no local food system more important to global food system reformation – and time is running out. Brazil must transform its food system to be people- and planet-positive. And it can do so using finance.

This report by the Blended Finance Taskforce, discusses (i) the centrality of Brazil to global food system transformation, (ii) the benefits of a transition for Brazilian producers, investors and governing authorities, (iii) the investment requirement of a transition, (iv) the types of business models that should be scaled, (v) the barriers encountered by producers, investors and government when scaling nature-positive agriculture in Brazil, and (vi) the solutions to overcoming those barriers, before concluding with eight tangible recommendations for stakeholders across the Brazilian food system.

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