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AGRICULTURE PRODUCT & SERVICE

        REGENERATIVE AGRICULTURE VENTURE PROGRAMME LAUNCHED

                TO ENABLE CLIMATE-RESILIENT AGRICULTURE IN MENAT



          A leading  social enterprise  dedicated   Regenerative agriculture, through its key   Abella added: “Our ambitious program
        to accelerating sustainability and climate  principles and adoption of resilient crop  embarks on a transformative journey to
        action, today announced the launch of  varieties that require less water, fewer  establish concrete and scalable impact
        the  Regenerative  Agriculture  Venture  pesticides, and reduced chemical inputs,  solutions for regenerative agriculture,
        Programme.                          is an approach that translates as a vital  significantly fortifying the MENAT region's
                                            component in addressing the region- spe-  sustainable development and environmen-
                                            cific agriculture and climate challenges of  tal health. We are not just imagining a future
                                            the MENAT region Regenerative Agricul-  of regenerative agriculture; we are strongly
                                            ture also holds the potential to sequester  facilitating its emergence. Together with
                                            carbon dioxide, making it a climate change  a new generation of thinkers and innova-
                                            mitigation and adaptation solution.   tors, we are dedicated to empowering im-
                                              The Regenerative Agriculture Venture   pactful change that preserves our precious
                                            Programme has a multifaceted approach   environment for future generations and
                                            aimed at bolstering support to the knowl-  positioning MENAT as a climate-resilient
          Launched in partnership with HSBC Bank  edge economy by emphasizing research,   agriculture hub.”
        Middle East Limited and SAB (Saudi Aww-  science, and data-driven solutions. It also
        al Bank), and supported by the European  strongly focuses on capacity building for
        Institute of Innovation & Technology (EIT)  academia and researchers, fostering en-
        Food, Goumbook’s Regenerative Agricul-  trepreneurship and business skills to bridge
        ture Venture Programme aims to empower  the gap between the academic, research
        and upskill researchers and students who  and  business  sectors.  Furthermore,  the
        are actively engaged in addressing the  programme aims to transform research
        fundamental agricultural challenges facing  solutions into long-term, accessible, scala-
        the Middle East, North Africa and Turkey  ble, and sustainable impact solutions; that
        (MENAT) region.                     are within reach of small and medium farm
          The primary objective of the programme   holders. Lastly, it strives to initiate a re-  David Ramos, Head of Sustainability at
        is to chart a sustainable path toward a   generative agriculture movement in the  HSBC Middle East, said: "This is an impor-
        greener future by supporting innovative   MENAT  region, positioning  regenerative  tant programme which we hope will help
        solutions in process methods and tech-  agriculture as a critical response to climate  support regenerative agriculture, enhance
        nology, addressing a broad spectrum of   change & resilience and to the unique agri-  food and water security and aid in climate
        challenges  including  hunger, nutrition,   cultural challenges faced in this arid, saline,  change mitigation."
        climate change mitigation, and adapta-  desert, and water-scarce region.  Mai Bin Dayel, Head of Corporate Com-
        tion, among other matters. In doing so, it   Students and researchers focusing on  munications & ESG at SAB, stated: “The
        will position regenerative agriculture as a  innovative and applicable solutions within  Regenerative Agriculture Venture Pro-
        beacon of hope in the battle against the  the domain of regenerative agriculture for  gramme represents a convergence of
        regional agricultural obstacles, fostering  the MENAT region can submit their appli-  scientific inquiry and practical application,
        a more resilient and prosperous MENAT  cations for the programme online by 18th  aimed at enhancing soil vitality, conserving
        region for generations to come.     December 2023 at www.RegenerativeA-  water, and securing food resources in a
          The solutions proposed by the partici-  gricultureVenture.com.        climate-impacted world. It's a visionary
        pants must yield net beneficial econom-                                 approach that seeks to not only mitigate
        ic, environmental, and social impacts for                               environmental challenges but to regenerate
        farmers and local communities, tailored to                              the very foundation of our ecosystems.
        the unique agricultural conditions of the                               Our support signifies a deep investment in
        MENAT region to drive sustainable, long-                                not just the present, but also in a thriving,
        term change.                                                            sustainable legacy for our communities and
                                                                                the environment that sustains us all.”
          Recent research1 reveals that earth has
        only 60 years of nutritious topsoil left,                                The programme will culminate at the fi-
        equating to approximately 60 harvests, as a                             nal, where participants will showcase their
        result of conventional agricultural practices.                          innovative solutions to a panel of esteemed
        A thin layer of topsoil is responsible for   Tatiana Antonelli Abella, Founder and  judges, with the chance to win one of three
        95% of all the food produced for human   Managing Director at Goumbook, said:  $10,000 cash prizes, with further oppor-
        consumption2.                       "In a world grappling with pressing ag-  tunities to support the solutions to scale for
                                            ricultural, climate change, and food and  impact, further recognizing and support-
          The Food and Agriculture Organization   water security challenges, we recognise  ing their ground breaking ideas. The final
        (FAO) of the United Nations also reports   the urgency to innovate and maximise re-  3 candidates will engage in collaborative
        that globally, conventional agriculture ac-  source efficiency, especially in our region's  efforts with farmers to refine their proof of
        counts for 72% of all surface and ground-  harsh farming conditions. Regenerative ag-  concept, thereby guaranteeing their ideas'
        water withdrawals, mainly for irrigation,   riculture, with its holistic approach that  practicality and high impact, firmly rooted
        which  is  straining  and  depleting  water   enhances soil health, fosters biodiversity  in substantial knowledge and skills.
        supplies in many regions.           and reduces greenhouse gas emissions,
                                            offers tremendous potential.”
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