Finance is a key lever for turning agriculture from a potential source of environmental harm and social inequity to a driver of conservation and social inclusiveness. Private and public sector funding for farmers to combat climate change and protect and restore nature (‘Paying for Nature’) is rapidly increasing. Yet this new funding may not reach its aims without drastically improving farm-level reward mechanisms.
Innovation for sustainable agricultural intensification (SAI) is challenging. Changing agricultural systems at scale normally means working with partners at different levels to make changes in policies and social institutions, along with technical practices. This study extracts lessons for practitioners and investors in innovation in SAI, based on concrete examples, to guide future investment.
Controlled Environment Agriculture (CEA) is the production of plants, fish, insects, or animals inside structures such as greenhouses, vertical farms, and growth chambers, in which environmental parameters such as humidity, light, temperature and CO2 can be controlled to create optimal growing conditions.
This shift in thinking will require major shifts in policy, research, and investment. But where should these investments go? What foundations should be strengthened? Which gaps need filling? What’s working? What’s not?
In order to answer these questions in an informed way, we need to examine the evidence that exists and identify areas where more research is needed.
But this is easier said than done.
A huge increase in investment for innovation in sustainable agri-food systems (SAS) will be critical for meeting the objectives of the UN Sustainable Development Goals and the Paris Climate Agreement.