What AgTech Leaders Suggest for Sustainable Agriculture?
The world needs new change, a change that can make our lives sustainable. Agriculture has been one of the core sectors that need technological advancements to enable data-driven agricultural decision-making for sustainable food production. To ensure that, every year, Agricultural corporates and Ag-tech startups get together in the "World Agri Tech Innovation Summit."
The core motive of the September 2021 Summit is to eliminate the complexities in Agricultural prospects to ensure a sustainable food supply chain.
This year's agenda was to ensure environment-friendly farming and food security. To achieve that, we need to decrease the use of nitrate-based fertilization by 20% and cut pesticide use in agriculture by 50%, according to the famed European Farm-to-Fork approach.
More than 700 international Ag-tech industry leaders joined the summit to address the agenda. This year Carbon Farming was the talk of the town. The producers and consumers must be connected in the overall process to limit climate change and capitalize on the carbon sequestration potentials in the agricultural soil.
Spacenus also attended the prestigious summit. They are thrilled to get many updated insights on the industry and global sustainability. Besides, Spacenus also engaged in multiple discussions by sharing their research on how their Nitrogen Uptake map and Nitrogen Recommendation maps can help reduce GHG emissions and nutrient leaching. They also explained how their Soil Productivity map might aid in the development of soil health and the streamlining of field data collection for carbon sequestration monitoring and verification.
The food value chain was yet another hot topic. Typically, the farmers would require financial incentives to adopt sustainable farming practices, which the consumers can pay off. However, due to the preexisting long value chain, very little of that is possible. Farmers and consumers need connectivity and need to be included in the carbon market discussion.
Another highlight of the summit was possessing a standard system for verifying carbon sequestration. The majority of the stakeholders do not accredit preexisting systems. The prime concern is the efficacy of the systems. To eliminate that concern, the global leaders tend to agree on having a third-party neutral standardized system to remove all sorts of ambiguity. However, there is no clear consensus on who should lead — the government, the private sector, or a combination of both?
'Regenerative Agriculture,' 'Carbon Farming,' 'Digital Farming, ' and many more were some notable agendas of the summit. And there was an intriguing question about how existing digital farming systems can help advance the carbon market. Existing solutions primarily focused on solving farmers' economic problems, but we should consider how to provide digital solutions that answer farmers' economic problems while ensuring sustainable agricultural practices. Finally, we need field data to prove farmers' practice. Digital systems can capture those data and push along the value chain towards consumers to generate additional value for the farms' data.
The world needs sustainable agriculture. This summit allows the global Ag-Tech leaders and Food Processing companies to come on the same page and make instrumental changes to ensure Global Sustainability.