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World Bank 2020 Innovation Challenge for Agriculture and Food Security Risk Financing in Southern Africa

Submit Applications for 2020 SDG Action Zone

Deadline: 2 April 2020

The World Bank’s Agriculture Observatory with the support of Draper University is launching three innovation challenges to accelerate the world response to the growing effects of climate change in agriculture and tackle some of the most urgent needs in SADC agriculture and food security today.

The agriculture sector faces increasing risks as natural disasters become more frequent and disruptive due to climate change. Climate change is expected to intensify the following agriculture risks in the South Africa Development Community (SADC):

To incentivize the development of these risk financing tools, the World Bank is launching the following three challenges with the aim to demonstrate alternative ways of collecting or monitoring critical data sets and indices that can be used to ultimately assess in a granular, scalable and dynamic way the various dimensions of impact induced by agricultural stressors.

Challenge 1: Alternative Methods for Measuring Weather Variables

Weather data is essential for the development of risk finance mechanisms and other key tools to strengthen the financial resilience of farmers to climatic shocks. This includes measurements of excess rainfall and rainfall deficit, among other variables.

Thematic Areas

Challenge 2: Predicting or Monitoring Animal and/or Plant Pests or Disease Outbreaks

Pathogens are expanding in new areas never affected before, exacting significant economic cost on the livestock sector and crop sector. Prevention, and early warning for rapid response are essential.

Solutions that integrate environmental determinants (e.g., soil, vegetation, temperature, rainfall) and epidemiological factors (e.g., vector species, livestock, wildlife, trade, human biological and behavioral surveillance), could be then used to inform about risk mitigation measures, such as restriction of movements or vaccination.

Thematic Areas

Challenge 3: Bring Your Own Agriculture Data

Objective, transparent, accessible, and accurate data is essential to develop high quality, affordable risk financing instruments (such as insurance) or ag information systems. With expansion of novel data collection techniques, non-traditional methods of data collection can leap-frog traditional methods of yield collection and expand the scope and availability of risk financing instruments for farmers.

Present time series of agriculture data (yield, price, production) data for crops relevant to the SADC region in an electronic format. The proposal must explain how the agriculture data was obtained and why it is relevant.

Cooperatives, input suppliers, agribusinesses, financial institutions, and local NGOs that have collected agriculture data in the SADC region can submit their data set. Ineligible data sets include: official data sets by the government or international organizations (i.e. FAO, etc.).

Thematic Areas

What is the Prize?

The winners of each challenge will be able to present their findings and ideas to a panel of experts from top international institutions in a Shark Tank format. You will be invited to present your proposal work in a report on agriculture innovations by the World Bank and partners. You will be featured in key media outlets as an innovator in the area. They will also be invited to an award ceremony in Washington, D.C., (all expenses paid) and will have the opportunity to interact with potential partners.

Judging Criteria

Submitted proposals will be ranked according to the following criteria:

For more information, visit https://info.gro-intelligence.com/world-bank-ag-innovation-challenge-2020

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