- Increasing the efficiency of the food system to reduce use of energy and water through climate-smart agriculture; adopting modern technology to grow more food per unit of input; and mechanization.
- Reducing pre- and post-harvest losses through improved logistics and modernizing value chains. This will also allow smallholder farmers to diversify into higher value crops, and meet enhanced food safety standards.
- Improving value chains infrastructure to better meet consumer needs with more investment in processing, storage and distribution. An upgraded food transportation network will help integrate fragmented markets, reduce transaction costs, and enable wide dissemination of sophisticated farm inputs, financial services and modern technology.
- Partnering with the private sector on inclusive business opportunities that connect farmers, small producers and processors to investors and markets, and help achieve scale for instance via risk sharing agreements.
- Supporting public policies that create an enabling environment for agribusiness and set higher standards for green business, food safety, and quality.
- Promoting innovative financing tools to give agricultural small and medium-sized enterprises access to credit so they can participate in global value chains, including cluster lending and financial literacy training.
Asia’s food security challenges, and how we plan to address them