Food security is a critical challenge –  the World Bank includes it among the eight global challenges to be addressed at scale in 2024. Climate shocks, economic instability and geopolitics have significantly impacted crop yields and food supply chains.

India's smallholding farmers face significant challenges. They struggle with erratic weather and the impacts of climate change, pest infestations, and declining yields. Financially constrained, many are trapped by high-interest loans from local lenders. Post-harvest, issues such as crop wastage, logistics, and market access can add their troubles, with up to 40 percent of produce lost. Market fluctuations and the inability to meet quality standards further exacerbate their struggles.

Limiting warming to 1.5 degrees Celsius and transitioning the planet to an equitable climate and nature-positive future by 2050 will require systemic shifts in how food is produced and consumed.

With the current realities of the food systems, the fusion of innovation with purpose becomes not just a choice but a necessity.

Agriculture is a vital sector that will feed a projected global population of 9.5 billion by 2050. Smallholder farmers produce more than 70 percent of the world's food. Globally, there are approximately 570 million smallholder farmers, who own less than two hectares of land. However, smallholders in most developing countries face challenges such as access to finance and insurance, unfair wages, access to agricultural resources and lack of market access.

The United Nations predicts that we need to increase food production globally by 70 percent to feed 9.6 billion people by 2050. But at the same time, given the climate crisis, we need to significantly reduce the use of energy, water, and land needed to produce food and lower its carbon footprint. In other words, we must figure out how to produce and distribute more food using fewer resources and emissions. We must learn to do farming better with less.

The global food supply is increasingly facing disruptions from extreme heat and storms. It is also a major contributor to climate change, responsible for one-third of all greenhouse gas emissions from human activities.This tension is why agriculture innovation is increasingly being elevated in international climate discussions.