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Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest sources of climate-damaging emissions, a letter seen by Reuters showed.

Food production accounts for around a third of global greenhouse gas emissions and is the main threat to 86% of the world’s species at risk of extinction, the group said, while cattle ranching is responsible for three quarters of Amazon rain forest loss.

Writing to the director general of the UN’s Food and Agriculture Organisation, Qu Dongyu, the letter, coordinated by the investor network FAIRR, said the agency was best-placed to take the lead on creating a road-map to ensure better planning. Although the investors considered the FAO best-placed of the UN agencies to lead such work, Olivier De Schutter, co-chair of the International Panel of Experts on Sustainable Food Systems, said it had historically delivered a “mixed message about the impacts of agriculture…on climate change”.

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