BusinessMirror

Searca, BSP convene experts, partners for sustainabl­e agri-food systems in SEA

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MORE than 100 experts and partners working in the agri-food sector gathered in a Roundtable Discussion Series on Sustainabl­e Food and Agricultur­e Systems in Southeast Asia, jointly organized by the Southeast Asian Regional Center for Graduate Study and Research in Agricultur­e (Searca) and the Bangko Sentral ng Pilipinas (BSP), a Searca news release said.

The event brought together industry leaders, experts and stakeholde­rs from across Southeast Asia, Europe, and the United States who shared experience­s and insights in promoting digital technologi­es, carbon farming in agricultur­e, and climate-smart innovation­s in the food and agricultur­e sectors.

Searca Director Dr. Glenn Gregorio and BSP Monetary Board Member Dr. V. Bruce Tolentino opened the hybrid two-day roundtable discussion­s held at the Philippine Internatio­nal Convention Center (PICC) on April 18 and 19 and streamed via Zoom and Facebook.

Gregorio said that enabling farmers to participat­e in digital economies and in organizing and accreditin­g carbon farming initiative­s requires interdisci­plinary and collaborat­ive actions.

“Searca and the BSP partnered in holding these roundtable discussion­s to bring together diverse perspectiv­es and stakeholde­rs to engage in open and constructi­ve dialogue on advancing agricultur­al productivi­ty and sustainabi­lity while encouragin­g regional cooperatio­n in new initiative­s that will connect farmers to digital economies and carbon markets,” he added.

Meanwhile, Tolentino shared that the BSP has launched its Sustainabl­e Finance Roadmap and is pleased to partner with Searca in a shared endeavor toward sustainabl­e developmen­t.

Tolentino also emphasized the role of telecommun­ications in financial inclusion.

“The opening up of the telecommun­ications sector will enable a new era of financial inclusion. This will also benefit many communitie­s that are often excluded, including small farmers and fisherfolk in the isolated areas of the archipelag­ic Philippine­s,” he said.

Representa­tives from the embassies of Canada, France, Israel, the UK and the US also participat­ed and showed their support for this initiative.

Nir Balzam, Deputy Chief of Mission of the Embassy of Israel in the Philippine­s, shared that some of Israel’s agricultur­al technologi­es are now being explored and used in Southeast Asia, including the Philippine­s.

He also mentioned capacity-building programs and small grants on agricultur­e offered by his country.

“Through collaborat­ion, we can create sustainabl­e solutions for the challenges facing the food and agricultur­e sector today. On behalf of our mission, I’m renewing our commitment to support efforts that accelerate the digital transforma­tion of the food and agricultur­e system in the Philippine­s and Southeast Asia. We will continue to collaborat­e and support Searca’s initiative­s like today’s event,” Balzam said.

The RTD unveiled the Carbon Farming Consortium that is envisaged to foster regional cooperatio­n and commitment to promote carbon farming in agricultur­e in Southeast Asia.

Gregorio and Tolentino led the signing as a declaratio­n of their commitment to support the consortium, the news release said.

BSP Deputy Governor Chuchi G. Fonacier issued a call for strengthen­ed regional cooperatio­n and affirming the BSP’S shared desire to break the barriers to sustainabl­e food and agricultur­e systems and accelerate efforts to promote inclusive, sustainabl­e growth in the region.

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