 Agricultural commodities can contribute to achieving sustainable development by promoting economic development, reducing poverty, contributing to food security, and improving the livelihoods of billions of people. However, unsustainable agricultural expansion and other forms of land degradation pose critical challenges to our environment and to the sustainability of forests and other important terrestrial ecosystems. Land degradation also leads to increased emissions, reduced resilience to climate impacts, and a loss of biodiversity. Addressing these shared challenges is essential to implementing the Paris Climate Agreement and achieving the sustainable development goals. The Forest Agriculture and Commodity Trade Dialogue, or the FACT Dialogue, is a new government-to-government forum that promotes sustainable development and trade while protecting forests and other critical ecosystems. The FACT Dialogue brings together the largest producer and consumer countries representing 75% of global trade in key commodities. At COP26 in Glasgow, 28 of these countries agreed on a roadmap with 14 shared actions, around four key themes. One, trade and market development to identify how global markets can better incentivize sustainable commodity production and trade. Two, smallholder support to improve smallholder farmers' conditions and support their actions to reduce deforestation. Three, traceability and transparency to identify means for facilitating increased trade in sustainable commodities. And four, research development and innovation to identify improvements within the agriculture and forest sectors that can support FACT Dialogue aims. The FACT Dialogue brings together governments, civil society groups, and the private sector to take this work forward over the years ahead. Progress through sustainable trade through collaboration is important and the world needs to achieve urgent and decisive shifts to address climate change, biodiversity loss, and achieve sustainable development to benefit us all.