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.

Colombia produces more sugar per month on one hectare of land than any other country. This privilege is due to the productivity of sugar cane grown in the Cauca River valley, where 14 processing plants operate nearly year-round to produce sugar, honey, bioethanol, and electrical energy. The cane is supplied by 2750 growers, owners of 75 percent of the 240 000 hecatres planted, and by the sugar mills themselves (25 percent of the area). The sugar cane chain provides more than 286 000 direct and indirect jobs.

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.