These were some of the most powerful messages that emerged from one of the technical events held at the Home of Sustainable Agriculture of the Americas pavilion, set up by the Inter-American Institute for Cooperation on Agriculture (IICA) and its partners at the Olympic Stadium in Baku
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The conversation conveyed an optimistic outlook on the future of agriculture, an activity that is already contributing adaptation and mitigation solutions.
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The development of circular bioeconomy can help reduce waste, create new jobs and income, and contribute to sustainable development, according to concrete examples shared by leaders from the Americas at COP29.
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The conversation highlighted the need to strike a balance between meeting the growing global demand for food and preserving natural resources while combating climate change.
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The presence of the head of EMBRAPA at the IICA pavilion in Baku follows the signing of an agreement between the two institutions to facilitate international technical cooperation actions and promote the sharing of public policies, technologies and knowledge for the benefit of the agriculture sector.
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IICA has been working to build this narrative by bringing together political and academic authorities, as well as experts, technical experts, and farmers, to emphasize the indispensable role of rural producers and reposition this strategic sector for the development of Latin America and the Caribbean.
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The Hemispheric Fund for Agricultural Resilience and Sustainability (FoHRSA) aims to mobilize, manage, and execute resources to strengthen the institutional, technical, and administrative capacities necessary to enhance the adaptation of the agricultural sector in the Americas to climate change, whose impact severely affects productive activities.
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“Bridging Financial Gaps to Accelerate the Implementation of Climate Smart Agrifood Systems” was the title of a panel discussion exploring strategies to redirect and scale up financial flows.
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The first action to be implemented under the agreement is the development of a methodology for calculating fair and transparent benchmark prices for agricultural products marketed via the CNP’s Institutional Supply Program (PAI).
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