InnovateZero Insights: The Growing Responsibility of the Agriculture Sector

Agriculture at the fore at InnovateZero

Reflecting on my recent trip to the InnovateZero Conference, the sheer level of responsibility that is sitting on the shoulders of the agriculture sector really hit home.

We confront a myriad of environmental and social challenges. Ranging from climate change and environmental damage, feeding a growing population, protecting food supply chains against volatility and supporting public health. Everyone seems to be turning to the agriculture sector for the solutions.

Recruiting talent into agriculture

The scale, breadth and importance of this challenge are huge. Agriculture is starting to receive greater attention at the highest levels. There was certainly a strong sense of urgency about attracting fresh, high calibre talent into the sector.

For example, Dr Chavanda Jacobs-Young from US Department of Agriculture (USDA) highlighted the US Governments $24 million investment to recruit young people into farming.

The agriculture sector’s vital role is set to expand. It strives to meet the dual goals of producing healthy, nutritious food for all, while simultaneously protecting and restoring the environment.

Perhaps in the near future, a career in agriculture will be held in as high esteem as a career in medicine.

Agricultural policy new era

George Eustace, former Secretary of State for the Department for Environment, Food and Rural Affairs (DEFRA), opened the conference by explaining his vision for a reformed agricultural policy.

He discussed the reset in UK agricultural policy. Emphasising the shift towards rewarding the delivery of ecosystem services rather than compensating farmers for income forgone.

In theory, this approach should herald a new era. Food production would intertwine with environmental goals. This includes the development of natural capital markets and a resurgence of interest in regenerative agriculture.

Yet the resilience of our food systems remains a concern. Mr Eustace argued that because a large proportion of food comes from a comparatively small amount of land, we can afford some land use changes. These include tree planting and rewilding – without jeopardising food resilience.

To bolster food security, he suggested increasing production in controlled environments such as glasshouses and vertical farms. It is fresh produce that we are least secure in. He cited an example of a new glasshouse capable of supplying all the tomatoes a major UK retailer needs.

Transforming the food system

While his vision is somewhat compelling, I think we would be naïve to believe that transforming food production in the UK is that simple.

For example, proper payment for the delivery of ecosystem services will be absolutely key. This is not straightforward, as highlighted in another session focused on growing natural capital markets.

Kate McGavin, chief policy and strategy officer at UK Infrastructure Bank (UKIB), raised the issue of investor confidence. She said investors are interested in natural capital but are nervous about the quality of the natural asset they are buying.  She emphasised the crucial importance of reliable valuations, so investors can manage risks effectively.

Philip Dunne, MP and chair of the Environmental Audit Committee (EAC), echoed Kate’s comments. He stressed the urgent need for reliable accounting of natural capital to avoid undermining the market. He reassured that frameworks for natural capital valuation are being developed. The UK aspires to set a gold standard for natural capital markets that could serve as a global benchmark.

Overall, I took home that it is a hugely exciting time to be involved in agriculture. Whether you are at the coalface of farming or working within agricultural communications (or in my case, both!).

Effective communication will be critical in transforming the food system and rising to the challenges facing the agricultural sector.

Find out more

Want to find out more about our work supporting clients in Agriculture? Read our case studies.

Pinstone blog from InnovateZero

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