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HomePosts Tagged "Food and Agriculture Organization (FAO)"
Finance, Funding, Investments

Sweden is contributing SEK 30 million (approximately CHF 2.4 million) to the Standards and Trade Development Facility (STDF) from 2024 to 2026 to help developing economies and least developed countries (LDCs) meet international food safety, animal and plant health standards for trade

The contribution was confirmed at a signing ceremony on 7 November attended by Ambassador Nina Tornberg of Sweden and the WTO‘s Financial Controller at the Finance and Corporate Services Division, John Breckenridge.

WTO Director-General Ngozi Okonjo-Iweala said: “We thank Sweden for its continued generosity and commitment to the STDF, and to improving people’s lives through trade. For two decades, the STDF’s global partnership has successfully provided pathways to trading safely, enabling communities around the world to use trade to sustain inclusive development and growth. STDF’s support has helped small-scale producers in Africa, Asia and the Pacific, Latin America and the Caribbean meet standards and start exporting to regional and international markets, contributing to higher earnings and job creation, including for women and youth; supporting poverty reduction and food security; and creating ‘win-wins’ for development and the environment.

Sweden’s Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa, said: “STDF’s work to strengthen farmers’, producers’ and traders’ access to international food markets helps boost food security by facilitating trade flows while offering the potential to improve income opportunities for communities. Supporting and strengthening the synergies between trade and development cooperation is a key part of the Swedish Government’s reform agenda for development assistance and STDF’s work is well aligned with this objective”.

The donation underscores Sweden’s commitment to the STDF’s mission, bringing its total contributions to approximately CHF 17.86 million since 2005. Sweden has contributed CHF 66.5 million to WTO trust funds over the past 22 years.

The 2024-2026 contribution will be used to strengthen the ability of small-scale farmers, producers and traders to gain and maintain access to markets for food and agriculture products through the development and roll-out of collaborative and innovative projects to strengthen SPS capacity, knowledge sharing, and monitoring and evaluation of results.

Sweden’s long-standing collaboration has been key over the years to promote the economic inclusion benefits of STDF’s work, which has contributed to increasing capacity in developing economies through contributions to legislation, strategies, structures, and SPS-related processes, as well as improved implementation of trade-focused measures for food safety, plant, and animal health.

Target economies and sectors – including micro-, small- and medium-sized enterprises (MSMEs) – that have benefitted from STDF support have seen stronger export growth in plants, animals and foods. STDF projects have also contributed to enhancing sustainable economic growth and climate change resilience.

Together with other donors, Sweden has driven work to mainstream cross-cutting issues focused on gender and environment, which enables STDF’s work to achieve stronger and more sustainable results. In addition, Sweden is actively contributing towards developing the next STDF strategy for 2025-2030 and strengthening STDF’s Monitoring, Evaluation and Learning Framework with a view to further improving its performance and impact.

The STDF is a global multi-stakeholder partnership facilitating safe and inclusive trade, established by the Food and Agriculture Organization (FAO) of the United Nations, the World Organisation for Animal Health (WOAH), the World Bank Group, the World Health Organization (WHO) and the WTO, which houses and manages the partnership. The STDF responds to evolving sanitary and phytosanitary needs, drives inclusive trade, and contributes to sustainable economic growth and food security, in support of the United Nations’ Global Goals.

Sweden is contributing SEK 30 million (approximately

Agribusiness, E-commerce, India, Opinions, Trade

 By Bilal Khimji, Co-Founder, TradeBridge

The global B2B e-commerce in the agriculture market was valued at $6.90 billion in 2021 and is expected to grow at a CAGR of 6.4 per cent from 2022 to 2030. Polaris Market Research & Consulting, Inc noted that factors such as increased penetration of the internet along with the growing usage of mobile phones and the benefits of these platforms are driving the B2B e-commerce in agriculture market growth. According to Tracxn Technologies report there are over 712 companies in India in B2B Farm Produce E-Commerce space as on September 12, 2024. Over 1389 mandis of 23 states and four union territories have been integrated into the National Agriculture Market (eNAM), a platform that was launched in 2016 and has over 1.77 crore registered farmers, 2.53 lakh registered traders and 3510 FPOs onboarded as on February 11, 2024.

The agricultural sector is the backbone of the global economy, contributing significantly to food security, employment, and overall economic growth. According to the Food and Agriculture Organization (FAO), the global food market is expected to reach a staggering $8 trillion by 2030. This immense growth presents a wealth of opportunities, particularly for trade, supply-chain, Agri-Tech and B2B trade platforms. While there are a growing number of players in the market for perishable commodities, no one has been able to crack the code for non-perishable agricultural commodities yet.

Challenge: Fragmented Mandis Hinder Efficiency

India’s traditional agricultural market relies on a network of mandis, which while crucial, suffer from inefficiencies:

Multiple Intermediaries: Layers of middlemen chip away at farmer profits and inflate consumer prices.

Limited Transparency: Opaque pricing leaves farmers vulnerable to exploitation.

Restricted Market Reach: Local mandis limit farmers’ access to broader markets and potentially better pricing.

Poor Infrastructure: Lack of proper storage facilities leads to spoilage and reduces profits.

Limited Information Access: Farmers lack real-time data on market trends, hindering informed decision-making.

These inefficiencies have a domino effect.

Reduced Farmer Income: Intermediary commissions deplete profits, discouraging investment in better practices and hindering overall agricultural productivity.

Higher Consumer Prices: Supply chain inefficiencies lead to higher costs for fresh produce.

Post-Harvest Losses: Inadequate infrastructure and handling practices cause significant losses, impacting food security.

Opportunity: Non-Perishables and B2B Platforms

Unlike perishable goods, non-perishables like dried fruits, spices, cereals, and oilseeds offer greater flexibility in storage and transportation, opening doors for international trade. B2B platforms can revolutionise this market by:

Streamlining Trade: Replacing complex networks with direct connections between buyers and sellers increases transparency and simplifies transactions.

Enhanced Market Access: Platforms connect businesses with a wider pool of potential partners, both locally and globally, empowering small and medium-sized enterprises (SMEs) to compete internationally.

Improved Price Discovery: By aggregating data on supply, demand, and market trends, platforms provide valuable insights for both buyers and sellers, leading to fairer pricing for farmers and competitive prices for buyers.

Reduced Transaction Costs: Eliminating unnecessary intermediaries and automating processes leads to significant cost reductions for businesses, boosting profitability for all parties.

Increased Farmer Empowerment: By removing middlemen, B2B platforms allow farmers to sell at their own pricing, increasing their profit margins.

Power of Technology: Transforming Supply Chains

Technology is fueling the rise of B2B trade platforms. Some key advancements include:

Blockchain Technology: Ensures secure and transparent tracking of products throughout the supply chain, fostering trust, reducing fraud, and enabling efficient logistics management.

Big Data Analytics: Provides valuable insights into market trends, consumer preferences, and production patterns, enabling better demand forecasting, inventory management, and risk mitigation strategies.

Artificial Intelligence (AI): Automates tasks like order processing, logistics planning, and credit risk assessment, increasing efficiency, streamlining processes, and minimising human error.

Beyond Technology: Importance of Distribution

Effective distribution is crucial. A robust network of warehouses, transportation facilities, and logistics providers ensures timely delivery of non-perishable goods. Platforms that can seamlessly integrate with existing networks or develop their own efficient systems will have a significant competitive edge.

Niche of Efficiency: Perishables vs Non-Perishables

B2B platforms need to differentiate between perishables and non-perishables. Perishables, like fruits and vegetables, have short shelf lives and require specialised cold-chain management. Non-perishables require a different approach. B2B platforms focusing on non-perishables can carve out a niche by offering:

Standardised Quality Assessments: Ensure consistent product quality for buyers.

Flexible Warehousing Options: Cater to the specific storage needs of various non-perishable commodities.

Efficient Transportation Solutions: Designed for longer shelf-life products.

Why the Lag?

Despite its potential, the non-perishable B2B trade space remains underutilised. Fragmented supply chains and an opaque environment due to intermediaries hinder direct interaction between buyers and sellers.

To read more click on:https://agrospectrumindia.com/e-magazine

 By Bilal Khimji, Co-Founder, TradeBridgeThe global B2B

AgroPolicy, Foodgrains, World

Various esteemed dignitaries from renowned international organisations delivered keynote address highlighting India’s achievements in the global campaign of the superfood at the event.

The Food and Agriculture Organization (FAO) organised closing ceremony of the International Year of Millets (IYM) 2023 on 29 March 2024 at the FAO headquarters, Rome, Italy. The high-level hybrid event that allowed participants to join both in-person and virtually and was graced by esteemed dignitaries from various parts of the world, including Additional Secretary, Department of Agriculture and Farmers Welfare, Maninder Kaur Dwivedi from Govt. of India.

Additional Secretary, Maninder Kaur Dwivedi, from Govt. of India, underscored the significance of India’s thriving Millet ecosystem comprising various Start-Ups, Industries, FPOs, in increasing promotion and adoption of millets.

Director-General, FAO, Dr QU Dongyu in his opening remarks at the official closing ceremony, commended the international community for their commitment to advancing millet-related initiatives and emphasized the crucial role of millets in achieving food security and nutrition for all.

Minister and Permanent Representative of the Federal Republic of Nigeria to FAO Yaya Adisa Olaitan Olaniran shed light on the significance of millets and outlined strategies for integrating millet cultivation into sustainable agricultural practices in Nigeria.

Further in the ceremony, attendees were treated to a captivating video showcasing the diverse range of activities and events organised under the International Year of Millets 2023 across different regions, fostering the global reach and impact of the initiative.

The ceremony came to a close with the concluding remarks of Deputy Director-General FAO Beth Bechdol expressing gratitude to all participants for their unwavering commitment and dedication to the success of the International Year of Millets 2023 and highlighting the importance of sustaining momentum in promoting millets beyond the designated year.

Following a proposal by India, backed by more than 70 countries, the United Nations General Assembly, at its 75th session in March 2021, declared 2023 as the International Year of Millets. The year-long celebration successfully raised awareness about the nutritional and health benefits of millet consumption, the suitability of millets for cultivation under adverse and changing climatic conditions, and the benefits of creating sustainable market opportunities for producers and consumers. The closing ceremony served as a forum to take stock of the accomplishments of, and lessons learned from, IYM 2023 and identify priorities for future investments, particularly to address identified constraints and strengthen millets value chains.

The event showcased a series of insightful discussions and presentations underscoring the importance of millets in achieving sustainable development goals and its emergence as ‘Global Superfood’. Director, ICAR-IIMR Dr C Tara Satyavathi shared insights into India’s R&D endeavours to develop a robust Millets value chain at a Roundtable Discussion on ‘Research and Development for the Millets Sector,’ a significant side event convened as part of #IYMClosingCeremony,

 A special exhibition featuring showcase of millet-value added products from across the world and a live cooking were also organised.

Various esteemed dignitaries from renowned international organisations

AgroPolicy, India

This initiative aims to develop an investment and partnership strategy to advance climate resilient agrifood systems.

NITI Aayog, Ministry of Agriculture and Farmers’ Welfare (MoA&FW), Government of India, and Food and Agriculture Organization (FAO) of the United Nations jointly launched the ‘Investment Forum for Advancing Climate Resilient Agrifood Systems in India’ in New Delhi. It was launched during a two-day Multi-stakeholder Meeting held on January 18-19, 2024, at the India International Centre, New Delhi. This initiative aims to develop an investment and partnership strategy to advance climate resilient agrifood systems among the government, private sectors, and farmers’ organizations and financial institutions in India.

The two-day meet paved the way for discussions and deliberations among key stakeholders, and their perspectives on national priorities, investment opportunities, partnership, technical support and cooperation. The Forum facilitated discussions and deliberations on six key areas namely, (i) Climate resilient agriculture (experiences and pathways) (ii) Digital infrastructure and solutions (iii) Financing climate resilient agrifood systems (domestic and global) (iv) Climate resilient value chains(v) Production practices and inputs for climate resilience and (vi) Gender mainstreaming and social inclusion for climate resilience.

Delivering the keynote address at the inauguration, Prof Ramesh Chand, Member, NITI Aayog emphasized the need for awareness on how agriculture contributes to climate change, citing a contribution of a little more than 13 per cent of total greenhouse gas emissions in the country. He observed that agriculture could play a role in carbon sequestration through tree plantation on farmland.  Prof Chand also called for a new direction in economic analysis of agriculture production, considering impact on natural resources, climate change and future generations. He proposed incorporating metrics beyond financial prices to evaluate the economic impact of agricultural activities.

Manoj Ahuja, Secretary, MoA&FW, Government of India highlighted the significance of a multi-stakeholder approach in addressing climate challenges in India. He also discussed the spatial and temporal distribution of climate patterns affecting farming activities and called upon the need for localized responses.

Shombi Sharp, UN Resident Coordinator in India emphasized that without an answer to financial crisis there can be no answer to the food crisis. She observed that with food demand predicted to grow by at least 50 per cent by 2050, we urgently need to scale up investments in climate resilience in agriculture to ensure future generations have the resources needed to grow enough food.

The FAO Representative in India, Takayuki Hagiwara, highlighted the importance of de-risking. This includes considering the flow of working capital, labor availability, sustainability and impact on the environment, the role of women in agrifood systems, and other factors.

This initiative aims to develop an investment