Sustainable Agriculture Report
Given the resource constraints and environmental pressures, exacerbated by climate change and increased volatility, the major challenge for the agri-food sector is to increase agricultural productivity in a more sustainable manner.
Sustainability of ecosystems is fundamental to maintaining the resilience in productivity growth. There is growing pressure on natural resources, including land, water, marine ecosystems, fish stocks, forests, and biodiversity, which are fundamental to sustainable production. Environmental pressures are also caused by agriculture, which accounts for about 14% of total anthropogenic greenhouse gas (GHG) emissions.
Increasing productivity and improving sustainability of agriculture are not mutually exclusive objectives. Much can be done that contributes to both these objectives in a complementary fashion. However, the possible farm practices to undertake generally involve a long lead time before realising the benefits, suggesting that actions are needed now.
Encouraging better agronomic practices, creating the right commercial, technical and regulatory environment and strengthening the agriculture innovation system (e.g. research, education, extension) are all essential steps. As the agri-food chain is essentially a business activity, the private sector will need to play a lead role in developing and adopting innovation but more emphasis on public-private partnerships, in such areas as research and extension services, can facilitate progress. Reducing food loss and food waste could significantly ease the pressure to increase productivity.
Progress is being made. Governments have started to orient their policy priorities to take account of the environmental consequences of food and agriculture production and consumption, and to improve incentives for optimal resource use by farmers.
The specific approach varies by agro-ecology, farming system and market conditions but consistently will involve increasing the conservation and sustainable use of natural resources in agricultural production systems, as well as the reduction of waste and pollution associated with inefficient input use and degraded ecosystems.
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Heffernan Capital Management
Business Development Director – Private Client Group,
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.
He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
Chinese Society of Economists
American Economic Society
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