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Agricultural
Investing
and Food
Security
Muhammad Babangida
Onaplanetthatissustainingmorethansevenbillion
people,producingenoughfoodtofeedthemallisamajor
challenge.However,producingenoughfoodisnotthe
primaryproblem.Rather,it’sthedistribution,affordability,
andaccesstoallthefoodthatisproducedthatcauses
foodinsecurityformillions.
Infact,morethanninemillionpeopleayeardiefrom
famine,accordingtoMercyCorps,aninternationalrelief
agency.
TheFoodandAgriculturalOrganization(FAO)reportsthatthe
numberofpeoplefacingfoodinsecurityroseby60million
between2014and2019.Thesituationisevenmoreconfounding
consideringthat,inmodernizednations,from30%to40%ofall
foodissimplytossedinthetrashbecauseitgoesunused.
Thechallengeofachievingevenfooddistributiongloballyis
considerable.Expertssayakeyareawherethisproblemcanbe
attackedisintherealmofagriculturalinvestment.Thisprocess
canbehandledinmultipleways.Oneofthebiggestfactorsisthe
fundingprovidedbygovernments.TheU.S.isthelargest
contributortotheFAOwith$529millioncontributedin2019
alone.
Thismoneyisusedtosupportthingslikecropforecasting,
sustainableagriculture,disasterrelief(asinthecaseoffamine),
foodsafety,andmore.TheFAOfundscollaborativeresearch
effortsbetweennationsseekingtoincreasefoodproduction.
Moreimportantly,itworksonwaystogetfoodwhereitisneeded
andtomakeitaffordable.
Industryobserverssaythatinvestinginagriculturaltechnology
mustbeahighprioritygoingforward.That’sbecausetherearea
seriesoffactorsthatareputtingpressureongrowingenough
foodforeveryone.Forexample,climatechangeisproducing
longerperiodsofdroughtthatdestroycrops.Thatcanbe
counteredbytechnologicaladvancesthatproducefoodvarieties
thatcansustainwarmeranddriergrowingconditions.
Thecentralthingtorememberaboutbolsteringag-techisthatit
costsmoney.That’stheroleofagriculturalinvestment.
Governments,corporations,localfarmers,andcommunitiesmust
putmorefinancialresourcesintocreatingadvancedfood-growing
technologiesthatwillsustainfoodproductioninthecomingyears.
Additionally,geopoliticalfactors,socialfactors,andgovernment
policyallplayaroleinproducingfoodandgettingittothetables
ofallthosewhoneeditaroundtheworld.
Thanks!
@MBabangida_
MuhammadBabangida.org
MuhammadBabangida
TWITTER
WEBSITE
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