During COP28 , we dealt with the Financial and operational bottlenecks choke off climate smart tech transfers needed to meet carbon emissions that could increase productivity and farmer incomes—demand for renewable energy increases, yet investment is flat; water-stressed regions grow, yet adoption rates for precision ag are slow; smallholder farmer demand for high productivity ag increase, while capital allocation to the sector remains low. The global smart farming market is expected to reach$33.7 billion by 2029, registering a CAGR of 12.9% during the forecast period. This working roundtable will focus on implementing breakthrough finance for pre-development design that could accelerate projects through transboundary co-innovation teams addressing water sustainability, food cultivation/storage/processing and ag energy applications to address food security and advance first-and last-mile delivery of innovative tech solutions by carving new channels of capital into sustainable development through innovative finance solutions including green, social, and sustainability bond issuance.
Left to Right: Dan Carol, Milken Institute-Finance; Sen. Henry Stern; Louise Bedsworth, UC-Berkeley Center for Law, Energy and Environment; Rob Bonta, Attorney General; Steve Zecher, Milken Innovation Center-Israel; Michelle Moskowitz, UC-Berkeley-Chancellor’ Office; David Hochschild, Chairman, California Energy Commission; Mei Zhang, UC-Berkeley environmental Policy and Management)