Image credits: Tim Mossholder
/
Weekly Roundups

World in Dire Need of Sustainable Actions

By Sofía Hanna | Thu, 10/21/2021 - 16:06

This week, Mexico was awarded the “Nobel Prize of Food” given its accomplishments in food safety in the country, which could be replicated throughout Latin America. Meanwhile, FAO seeks new solutions to fight world hunger and public development banks could be part of the answer. Finally, the World Meteorological Organization (WMO) published an analysis on water disasters and what can be done to avoid reaching a point of no return. 

 

 Interested in more? Here are the week’s major headlines in Agribusiness & Food!

 

 

  • During World Food Day, the “Nobel Prize of Food” was awarded to researchers Evangelina Villegas and Sanjaya Rajaram for their achievements in developing mechanisms to sustainably produce corn used in Mexico and other countries to prevent food scarcity. Numerous parties in the country are now generating a platform for collaboration between the public, private, social and academic sectors to promote the Mexican countryside. These initiatives include the “Corn for Mexico” platform, which is a flagship initiative of the World Economic Forum’s Alliance for Food Action to transform food systems. 

 

 

  • Funds are being sought to provide better financing for sustainable agriculture and to prevent world hunger from increasing. Public development banks could become key players to consolidate these new solutions given the opportunity they could provide for new projects and innovation. Over 500 representatives met at a FAO forum to strengthen the coordination and cohesion of these institutions to help achieve the Sustainable Development Goals (SDGs) and the Paris Climate Agreement. The goal is to promote financing for small farmers and small and medium agri-food companies, use combined funding to encourage greater private investment in sustainable agri-food systems and execute joint projects financed by the Green Climate Fund. 

 

 

  • In its “State of climate services for 2021 analysis,” the World Meteorological Organization (WMO) reported the current and future state of water resources and the potential repercussions that could arise if this resource is misused. Given climate change, it has been recognized that it is essential to adopt comprehensive measures to address floods. Mexico has taken the initiative on matters regarding climate change but promotion needs to continue so that investment projects in the agricultural, fishing and aquaculture sectors continue to grow—especially given the importance of these sectors in the recovery of the planet. 
The data used in this article was sourced from:  
MBN
Sofía Hanna Sofía Hanna Junior Journalist and Industry Analyst