OCP Group SA has signed the “UN Climate Change High-Level Champions Call to Action for Transforming Food Systems for People, Nature, and Climate.” The Moroccan phosphate producer said it signed the Call to Action on the eve of the start of COP28 meeting in Dubai, UAE, which is scheduled for Nov. 30 to Dec. 12.
“Through this endorsement, OCP recognizes the urgent need to drive a just, global agricultural transition to transform our food system into one that is resilient, fair, and sustainable,” the company said. “We need to radically change the way we farm to achieve zero hunger while combatting climate change, managing our impact on nature and the environment, and supporting local communities.”
OCP is targeting investment of $13 billion by 2027 in a Green Investment Programme, which includes solar and wind projects that will enable the group to run 100% of its operations on renewable energy by 2027 and produce the green hydrogen and green ammonia that OCP needs to reach full carbon neutrality by 2040.