5 Ways Technology is Transforming Sustainable Agriculture. • GILC

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Sat 06 Jul 2024

5 Ways Technology is Transforming Sustainable Agriculture.

Technology is revolutionizing agriculture, enhancing yield, productivity, and sustainability through innovative solutions like drones and smart irrigation systems

On the 4th of July, 2024, the 181st PIFW "Redefining ROI Returns with Impact Investments in 2024” convened to explore the dual pursuit of financial returns and significant social and environmental benefits in impact investing. This event brought together leading thinkers to discuss how technology and innovative practices are transforming the agriculture sector, driving towards more sustainable and efficient outcomes.

1. Enhancing Yield and Productivity

Technology is transforming agriculture, as Werner Schuenemann, Founder at Xandance & Partners in Switzerland, mentioned, "Technology integration will definitely enhance the yield and of course the productivity," He also notes the interest from landowners in accessing innovative agricultural technologies, highlighting the mutual benefits.

2. Innovative Solutions for Sustainable Agriculture

Innovation is key to addressing persistent challenges in agriculture. Werner explains, "The integration of agritech presents innovative solutions to long-standing issues, making this sector more efficient and sustainable." Examples include drones for enhanced crop monitoring and smart irrigation systems that optimize water use. These advancements improve farming practices and promote sustainability.

3. Using Data and Automation

The role of data and automation in agriculture cannot be overstated. Deniz Erkus, Partner at Leonie Hill Capital Private in Switzerland, emphasizes the complexity of modern farming, "Measurement needs to be done by data, by technology, because we cannot do this by multiplying and dividing numbers. It is much more complicated than we ever know." This approach allows for more precise and informed decision-making in agriculture.

4. Complex Systems and Technological Support

Agriculture now demands the management of intricate systems where precision agriculture and technology are indispensable. Peta Milan, Principal at Henmil Group Family Office in France, states, "We live in a complex world, dealing with complex systems daily. Effective tools like precision agriculture empower us to navigate these complexities genuinely, avoiding oversimplifications that merely soothe our anxieties."

5. Precision Agriculture through Technology

Deniz emphasizes the power of precision agriculture, saying, "Integrating precision agriculture presents solutions to long-standing issues. By leveraging advanced data analytics and automated systems, we can optimize crop yields, reduce waste and ensure sustainable practices are rigorously maintained." This underscores the critical role of technology in driving sustainable agricultural practices.

We express our appreciation to the presenters for showcasing their investment opportunities at the event:

Johan Jacobs (Ph.D), CEO at Hemp Solutions, South Africa and his unique investment opportunity on hemp industrialization.

We express our gratitude to our speakers for their valuable insights at the forum:

Peta Milan
Werner Schuenemann
Deniz Erkus

These insightful takes were shared during the 181st Private Investment Forum Worldwide. To access first-hand insights from top investment leaders, be sure to check our schedule and register for one of our upcoming events.

Correlated event

181st PIFW Redefining ROI with Impact Investments in 2024 - Asia friendly time

Join us for the 181st Private Investment Forum Worldwide, " Redefining ROI Returns with Impact Investments in 2024", on July 4, 2024, from 1 to 4 pm GST. This event brings together leaders and innovators to explore the transformative power of investments that generate both financial returns and positive social and environmental impacts. As we witness a surge in investor engagement in this field, diverse strategies have been developed that capture significant social and environmental benefits. This forum will delve into how impact investing has evolved over the past year, examining changes in its meaning, metrics and the overall landscape. Topics include the balance of profitability with societal betterment, the definition and importance of ESG, the utilization of impact investing data and the development of improved approaches to measure the effectiveness of social impacts. More than 30 distinguished investors, impact investment pioneers and thought leaders will gather to share insights, explore partnerships and drive forward the field of impact investing. This is a unique opportunity for networking, collaboration and learning from the best in the industry. The 181st Private Investment Forum Worldwide, “Redefining ROI with Impact Investments in 2024," is scheduled for July 4, 2024, from 1 to 4 pm GST and will take place online via Zoom. Attendance is exclusive, with limited spots available. To register for the event, go to: https://pif.events/registration-form/.

4th Jul 2024

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Participants mentioned in the article

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Werner Schuenemann

Managing Partner

Xandance & Partners

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