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Commodity exchanges in Europe and Central Asia. A means for management of price risk

FAO Investment Centre. Directions in Investment No. 5










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    Good practices in the field of digital agriculture - Stocktaking report
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    The present report is the outcome of the joint call on good practices on Digital Excellence in Agriculture, organized by the International Telecommunication Union (ITU) Office for Europe and Office for CIS and the Food and Agriculture Organization (FAO) of the United Nations Office for Europe and Central Asia. The document presents a summary version of the 171 eligible submissions of good practices and innovative solutions advancing the digital transformation of agriculture in Europe and Central Asia. This call complements the joint FAO-ITU review on the Status of Digital Agriculture in 18 countries of Europe and Central Asia (ITU-FAO, 2020)1 and provides evidence on how Information and Communication Technologies (ICTs) play an emerging role in the agriculture landscapes of the regions, acting as an engine for agricultural development. However, the adoption of digital technologies in agriculture differs from country to country, and from region to region. The review in the 18 countries highlighted that smallholder farmers have yet to experience the widespread benefits of this digital transformation, and they are lagging behind when it comes to the adoption of digital agriculture solutions and innovations due to lack of trust in the potential of ICTs, limited digital skills, connectivity issues and restricted availability of ICT-based solutions to utilize and scale up. Realizing the full potential of digital agriculture transformation requires identifying, sharing and implementing best practices and proven solutions across countries, involving all actors in participatory processes.
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    Innovative agricultural finance and risk management. Strengthening food production and trade in the transition region
    FAO Investment Centre. Directions in Investment No. 7
    2012
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    Ensuring that food production keeps up with population and income growth, changing dietary patterns and climate conditions in the decades to come is but one of the challenges currently facing developing and advanced countries around the globe. The world’s population is expected to stabilize at around 9.1 billion people in 2050, a 30 percent increase from current numbers, but demand for food will grow by 70 percent. To keep up with the pace of demand growth, yields need to improve drastically, y et there is little scope to expand acreage. Transition countries, some of which face food security problems of their own, can play an important role in achieving global food security as yields can be improved. Countries such as Kazakhstan, the Russian Federation and Ukraine, which have been net grain importers up to the late 1980s, can emerge as the world’s leading grain exporters. In order to meet rising food demand, significant investment from the private sector will be required in these tra nsition countries. Such investment needs to be catalysed through supportive policy and regulatory, legal and institutional frameworks. International financial institutions, in turn, can facilitate the creation of these frameworks in transition country governments. This paper focuses on one particularly important action area: how can various agricultural finance and risk management products, mechanisms and institutions that are relatively new to the transition region, enhance the region’s food production, processing and trading systems? These products, mechanisms and institutions include: market-based price risk management, weather index insurance, structured finance and other innovative forms of finance, warehouse receipt (WHR) systems and commodity exchanges. The paper aims to identify how international financial institutions such as the European Bank for Reconstruction and Development (EBRD) can most effectively leverage their investments and technical assistance programmes to boos t the adoption and scaling up of such products, mechanisms and institutions
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    Risk Mitigation and Management for Agricultural Investment : Investment and Resource Mobilization
    Applied Material. EASYPol Module 155
    2008
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    The incidence of risk in agriculture is important to policy makers at national and international levels. Fluctuations in producer incomes, and particularly the threat of catastrophic loss, may present difficult welfare problems for these same producers, their governments, and the international community. Trading losses at the level of market intermediaries, such as traders and processors, negatively impact the development of sustainable trading and finance activities in the commodity sectors. In more extreme cases, international humanitarian assistance may be necessary, but that assistance may destabilize markets, create dependencies, or bias management via expectations of future disaster relief.

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    What will be needed to realize the vision of a world free from hunger and malnutrition? After shedding light on the nature of the challenges that agriculture and food systems are facing now and throughout the 21st century, the study provides insights into what is at stake and what needs to be done. “Business as usual” is not an option. Major transformations in agricultural systems, rural economies, and natural resources management are necessary. The present study was undertaken for the quadrennial review of FAO’s strategic framework and for the preparation of the Organization Medium-Term plan 2018-2021.
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    This document provides guidance on undertaking risk assessment of all microbial hazards which may adversely affect human health in foods along a food chain. This document is also intended to provide practical guidance on a structured framework for carrying out risk assessment of microbiological hazards in foods, focussing on the four components including hazard identification, hazard characterization, exposure assessment and risk characterization. These guidelines therefore represent the best practice at the time of their preparation, and it is hoped that they will help stimulate further developments and disseminate the current knowledge.
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    Animal disease outbreaks pose many challenges for response authorities that can impact livelihoods, food security, and the environment. Proper disposal of animal carcasses that die or are culled during the outbreak is a key component of a successful response to a disease outbreak because it helps prevent or mitigate the further spread of pathogens and in case of zoonotic disease, to further protect human health. The practical guidelines presented hereby provide carcass and related waste management considerations and recommended procedures for use by Veterinary Services and other official response authorities when developing animal disease outbreak containment and eradication plans. The guidelines apply to animal disease outbreaks of varying sizes, whether the outbreak is isolated to a single premise or spans a region to cover numerous premises. However, they are focused on small to medium-sized holdings in countries without access to engineered landfills, rendering plants or controlled incinerators. The guidelines are written in the spirit of “keep it simple and doable”, considering the limited human and financial resources that many countries are constrained with. Its presentation and practical approach ensure that countries will find it very useful for their emergency operation procedures toolbox. Further, the guidelines directly contribute to the one-health approach by protecting the health of animals, humans, and the environment.