The Food Action Alliance (FAA) is a coalition of organisations and initiatives, who through collective action, significantly strengthen the impact of agricultural value chains to produce food efficiently and sustainably, that is accessible to all, in support of a transition to healthier diets and improved environmental outcomes. It lives within the Shaping the Future of Global Public Goods Platform of the World Economic Forum.
FAA’s mission is to deliver impact at scale on food value chains to achieve sustainable food systems and builds on a model of partnership for value chain action. Led by Vikki Tam, Bain joined forces with the Forum last year to accelerate knowledge exchange on food systems solutions and codify flagship initiatives for transforming food systems toward the 2021 UN Food Systems Summit.
Food systems are complex and currently unsustainable for both people and planet. Sustainably nourishing a global population of 9.7 billion by 2050, while meeting the United Nations’ Sustainable Development Goals (SDGs), will require food systems that are inclusive, sustainable, efficient, nutritious and healthy. The transformation of food systems requires better functioning value chains, and in turn, this requires more coordinated action.
Bain supports FAA with its 5 strategic priorities for 2021. Together with an ecosystem of 40+ world class food actors, we are crafting the platform strategy of the FAA, to become the #1 platform for food systems transformation. Secondly, we are identifying innovative flagship initiatives across Latin America, Africa, South East Asia and India that have the potential to significantly transform food systems. Thirdly, we are supporting these flagship initiatives to achieve impact at scale, by catalysing the assets, capabilities and networks of our partners. Furthermore, we are codifying the success recipe for multi-stakeholder partnerships in food systems transformation. And lastly, with the UN Food Systems Summit in September 2021 as an important milestone, we are setting the FAA up as an important delivery mechanism to demonstrate action with its balanced portfolio of flagships. During the UN Food Systems Summit, we will share a report how successful multi-stakeholder flagships can help to sustainably transform food systems.