Agriculture Will Soon Feed the World Without Costing the Earth
Summary
Agriculture experts at a Newsweek forum said farming can adopt regenerative practices that protect soil and climate while maintaining crop yields and farmer incomes. Speakers described Brazil’s Eco Invest program, company support for farmers, and emerging technology as ways to encourage more sustainable agriculture.Key Facts
- Allison Lin of Mars said company data indicates regenerative agriculture can provide needed yields while supporting farmers’ incomes.
- Lin said she expects regenerative agriculture to become standard farming practice within five to 10 years.
- Brazil’s Eco Invest program directs public funds through private banks to help attract additional private investment for projects including restoring degraded land.
- Natasha Santos of Bayer Crop Science said the program had about $3 billion in public funds, which could help mobilize 1.5 to two times that amount in private investment.
- Michal Benmayor of DSM-Firmenich said the company works with farmers across fragmented supply chains for more than 500 ingredients.
- Benmayor said DSM-Firmenich provides farmers with a minimum price and spreads income across the year to help stabilize earnings.
- Lin said emerging tools can combine climate forecasts and water-risk information with supply-chain and sourcing data.
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