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Местоположение:
Китай, Без границ
Discussion topic outcome
3. Inclusive access to finance and use of digitization in market estimates to enable food loss reduction Ms. Yan Ruoru, Deputy General Manager, Grain, Cotton, and Edible Oil Department, Agricultural Development Bank of China For many farmers, particularly smallholders, lacking financial means to implement food loss-reducing investments such as better storage solutions is a major impediment. One of the key actions needed in the food system to reduce food loss is therefore to financial innovation and incentive mechanisms. Since 1994, the Agriculture Development Bank of China (ADBC) was set up as
... Подробнее one of China’s Policy Banks with a set mandate to contribute to agricultural development and poverty alleviation. ADBC has introduced a loan system that covers every segment of the food supply chain, which includes a series of credit products to serve the whole industry of grains and oil in the processes of production, storage, purchase and sales, circulation, processing, supply etc. All these advancements have the potential to reduce food waste through making processes more efficient and streamlined. Furthermore, ADBC implement preferential credit policies to support and further incentivize reduction of grain waste and losses. Mr. Bai Chengyu, Director of UN Project Division III, the China International Center for Economic and Technical Exchanges (CICETE), Ministry of Commerce, China: To transform the food system, a better understanding of the food market will be needed to identify the causes of food loss and possible solutions. This will include how inefficient relations between supply and demand contributes to food loss. From the demand side, awareness raising is needed and the making of accurate consumption plans in advance can reduce food loss. From the supply side, in case food prices are undervalued, price adjustments are required; mismatch of demand and supply leads to loss and waste, which can be addressed by promoting more closely demand-drive production, including by using digital platforms to make agricultural product sales efficient and to mitigate asymmetric supply and demand information. Recent innovations in this area provide information to be used in big data calculations and AI-based food demand analysis to better predict demand and adjust production accordingly. Financial policy should be designed to support an efficient management mechanism between demand and supply side and establish direct links between the two sides. Furthermore, the supply chain system should be built on proximity to support locally produced commodities and avoid unnecessarily long transport, thus minimizing gaps in timing and distance. Скрыть
Направления деятельности: 1, 2, 3, 4, 5
Ключевые слова: Data & Evidence, Environment and Climate, Finance, Governance, Innovation, Policy, Trade-offs