Our CEO, Venkatram Vasantavada has recently participated in a three-day workshop on fostering the engagement on the agri-food sector in resilience to climate change. The workshop was held at Geneva, co-organized by the International Trade Centre (ITC) in collaboration with UNFCCC and with support from Germany.
The agri-food sector and its global supply chains stand at the forefront of climate change. The agri-food sector directly contributes to the well-being of communities, especially those in developing countries, and offers millions of people livelihoods: Small and Medium Enterprises (SMEs) are estimated to constitute more than 95% of enterprises globally while accounting for up to 60% of private sector employment in developing countries. Given the links between food security, trade and the need to adapt to climate change in the agri-food sector.
The workshop focused on how stakeholders can work towards fostering SMEs’ capacity to adapt to climate change. It aims at bringing together practitioners, experts and researchers in an interactive setting, designed to provide inspiration by presenting innovative solutions, foster the exchange and connections between participants and transfer knowledge.
The workshop addressed the climate resilience of the agri-food sector through three thematic Plenary Sessions and accompanying Mini Workshops and Open Labs:
- Assessing climate risks in the agri-food sector and preparing adaptation strategies
- Implementing adaptation strategies, with a focus on SMEs, in the agri-food sector through accessing finance, technology, Public-Private Partnerships and capacity building
- Designing policies and incentives for private sector investment in adaptation, including for formulating and implementing National Adaptation Plans (NAPs) and Nationally Determined Contributions (NDCs) under the Paris Agreement