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Optimizing Online Auctions: How Technology Can Help to Alleviate Poverty among Smallholder Farmers, One Bid at a Time
World Bank data shows that 78% of the world’s poorest people are farmers. A critical challenge they face is the lack of infrastructure to improve their market access, price transparency and competitive position in relation to more powerful downstream buyers. Yanchong Zheng at the MIT Sloan School of Management explores a digital auction platform in India that's addressing this power imbalance – and shares some ways it can be optimized for the benefit of farmers.
- Categories
- Agriculture
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Saving Your Coffee and Avocado Toast: How Strategic Partnerships Can Build Smallholders’ Resilience to Climate Change
The climate crisis has spawned a new internet trend, as headlines like “America’s Favorite Fruit Could Go Extinct” spark panic in readers. And it’s true that the warming climate could affect the future supply of produce and other foods – but it's creating even more drastic problems for smallholder farmers. Camila Kauer Garcia at Fintrac explores initiatives that are helping farmers become more resilient to climate change, allowing consumers to confidently enjoy their favorite foods.
- Categories
- Agriculture, Environment
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Bottom-up Solutions to the Climate Emergency: Three Innovative, Eco-Inclusive Enterprises Take a Local Approach
We just reached the end of the hottest decade on record, and local communities – particularly in the Global South – are bearing the brunt of the impact. As climate change disrupts development efforts and worsens global food crises, population displacement and water scarcity, there's a growing need for more resilient communities. The SEED Awards highlight eco-inclusive enterprises that are addressing this challenge – authors at SEED discuss some promising examples.
- Categories
- Agriculture, Energy, Environment, Social Enterprise
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Full, Yet Undernourished? How India Can Move from Food Security to Nutrition Security
India now produces enough food for its population – but recurring famines plagued the country for decades. In response, the government strengthened the distribution system to bring essential food grains to marginalized households. But as analysts at MSC point out, improving access to food is not the same as ensuring optimal nutrition. They explore solutions that could help India move from food security to nutrition security – and how the private sector can play a role.
- Categories
- Agriculture
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Women Feeding Africa: Innovative Business Solutions to Close the Gender Gap in Agricultural Productivity
Women quite literally feed sub-Saharan Africa: They make up 50% of its agricultural labor force and contribute 60-80% of its food. Yet they also face unique constraints that limit their productivity and reduce their returns. What would happen if women could access the same productivity resources as men? Agnes Makena and Racheal Wangari at Intellecap explore that question, highlighting enterprises and initiatives with innovative solutions to support Africa’s female farmers.
- Categories
- Agriculture
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Badly Needed, Hard to Deliver: The Challenges of Selling Drought Insurance to African Farmers
Millions of poor farmers in Africa can't move beyond subsistence levels because of droughts and other weather disasters. Insuring farmers against these risks is key to helping build their resilience to climate shocks. But providing this insurance – while making a profit – is no easy matter. Jim Hight explores the challenges in discussing WorldCover, a drought insurance provider that's gaining traction in Africa.
- Categories
- Agriculture, Finance
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Smallholders as Customers, Not Pupils: Making the Case for Good Agricultural Practices
Good agricultural practices offer smallholders the promise of improved food safety, food quality and environmental stewardship. But they also bring the risks of implementing costly new methods and standards. To overcome farmers' reluctance to adopt these practices, Ben Fowler of MarketShare Associates and Clara Yoon at MEDA write that agricultural organizations should adopt a customer-centric approach – treating smallholders as customers rather than beneficiaries of know-how.
- Categories
- Agriculture
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Five Ways the Private Sector Can Align with the Sustainable Development Goals
How can the private sector advance the UN’s Sustainable Development Goals, and what’s the best way to measure the success of these efforts? Those questions were among the topics explored at the recent Sustainability and Development Conference at the University of Michigan. Yaquta Kanchwala Fatehi and Dana Gorodetsky at the William Davidson Institute attended the event, and they share some essential insights on the private sector’s role in supporting the SDGs.
- Categories
- Agriculture, Environment, Impact Assessment
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