Fertiliser Crisis Cost G20 Almost $22 Billion While Fertiliser Companies Set to Make $84 Billion in Profits

Farmers and governments in the G20 spent $21.8 billion more on key fertilisers imports in 2021 and 2022, while the world’s biggest fertiliser companies are expected to make almost US$84 billion profit over the same period, according to new analysis released by GRAIN and the Institute for Agriculture and Trade Policy (IATP) today.

IATP welcomes SEC climate financial risk disclosure rule as first step in holding companies, including agribusiness, accountable to investors, regulators and the public interest

Today, the U.S. Securities and Exchange Commission (SEC) released for public comment a proposed rule on the disclosure of climate-related financial risk by U.S. companies, including food and agriculture firms, listed for trade on SEC-regulated exchanges.