Innovations Session N°14

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30/08/2023

Climate-resilient practices and innovations by agrifood SMEs

The recording of the session is available in English, French and Portuguese on YouTube.

 

Agrifood SMEs play a critical role in global food production, but their vulnerability to climate change threatens their viability and poses risks to food security. Embracing climate-resilient practices and innovative solutions is essential for their survival and success in a changing climate. Governments, international organisations, and private sector stakeholders should work together to provide financial incentives, capacity-building programmes, and policy support to help agrifood SMEs transition towards climate resilience. By investing in sustainable and adaptive practices, these enterprises can secure a more sustainable and food-secure future for all.

Smallholders, entrepreneurs and SMEs need access to technology, skills, finance and training to allow for climate innovations to develop. There is a need to support climate technology incubators and accelerators providing support to entrepreneurs, helping them to develop business know-how, market connections and technical capacity, and to provide guidance on sources and procedures for access to finance.

Key points for discussion:

  • What are the key innovations that farmers and entrepreneurs develop and adopt which contribute to climate resilience?
  • What type of investments are needed to support entrepreneurs to contribute further to climate adaptation and resilience?
  • What incentives can be provided to SMEs and smallholders to better acquire technical skills needed to contribute to climate resilience?

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Join our Agrinnovators community forum to discuss and explore how to encourage innovations across agricultural value chains to transform food systems in Africa, promote sustainable agriculture, and leverage investment. Share insights, ask questions, and collaborate on innovative solutions for a greener future

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