Smart farming and new diets
Various impacts of climate change are the fundamental threat to the attainment of zero hunger, good health and well-being, responsible consumption and production goals. Hence, political leaders at helms of affair want the smart farming system as an alternative to the present approach which would lead to the production of sustainable new diets. Recently, a group of experts said healthier diets and food waste reduction constitute part of a combination of solutions desirable for food security and avoiding dangerous climate change. In Nigeria, the sensitivity of the climate change is felt by the agriculture sector the most. It has been projected that by 2080, the country’s productivity will decrease by 10 to 25% which would have a significant impact on the Gross Domestic Product and increase poverty for the over 90 million subsistence households’ farmers. For instance, by 2020, there is possibility that Nigeria would lose between two and eleven per cent of her GDP rising to between six per cent and 30 per cent by 2050 resulting in a loss equivalent to between N15 trillion (US$100 billion) and N69 trillion (US$460 billion), according to a recent estimate. For the new diets, observation shows that Nigerians preferred cultural food. Therefore, aspiring and existing entrepreneurs should increase their efforts towards creation and marketing of sustainable products, which left no consumer behind in terms of present benefits without compromising the future ones. This should be done through the creation and utilization of indigenous climate smart technologies. According to World Business Council for Sustainable Development (WBCSD), a business must create sustainable value for consumers by supplying products and services that meet their functional and emotional needs – now and for future generations – while respecting environmental limits and common values.
Reduce food waste
Having identified climate change as strategic threat to agriculture –the world’s food source, world leaders have realized the need to prioritize responsible and sustainable consumption. This becomes imperative due to substantial food waste recorded yearly across the world. Danfoss Youssef Zitouni, a Sales Manager in one of the country’s agro-allied companies, revealed that 80 percent of total foods produced by farmers in Nigeria are wasted, equivalent to $750 billion yearly. The financial loss could be seen as trivial but further analysis established that greenhouse gases emanated from the wastes is 1.9tCO2 eq/t, which threatens Nigerians’ healthy living. In their efforts of meeting up with the responsible consumption and production of food, food surplus entrepreneurs in advanced countries developed their businesses along social entrepreneurship model. These entrepreneurs are working and collaborating with relevant stakeholders such as local governments, cities, restaurant businesses among others. Entrepreneurs in Nigeria could do same by establishing businesses or creating products that would ensure attainment of zero hunger, responsible consumption and production goals of the world leaders. Food waste recycling, educational training, development of food processing tools and facilities are the possible business opportunities that should be explored. Bokashicycle is one of the machines evolved recently to pulverize food waste and turn it into bio pulp in just 10 days (which can be tilled into the soil as a fertilizer). Leanpath is one of the companies in developed countries providing food waste tracking systems and services for food vendors. This has helped majority of restaurants in saving money and reduce their impact on the environment.
If you need further information on the highlighted business opportunities, especially strategic business plan and growth strategies, Enterprations Limited’s experts are available for you.