This technical brief from the Global Panel aims to inform the debate around rebalancing and repurposing agricultural subsidies and fiscal resources. The Global Panel recommends that reallocating agriculture sector support should become a key part of the ongoing dialogue on food system transformation and also an important consideration as countries deliver on their commitments in the Malabo Declaration. Given the food system's increasing impacts on health and the environment in many countries, maintaining the status quo on subsidies is not an option.