World Bank 2020 Innovation Challenge for Agriculture and Food Security Risk Financing in Southern Africa (all expenses paid to Washington DC USA)Leave a comment / By: hbk / 17 March, 2020 20:23:14PM
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. Applications are open until April 2nd, 2020. The future of these innovations can impact the lives of millions of people across Africa and around the world
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 datasets 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.
Alternative Methods for Measuring Weather Variables
Why: 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.
The Goal: To develop alternative ways to measure weather variables.
Examples: Measurement of rainfall through interruptions between cell phone signals between towers, the weather data captured by WMA approved airport towers.
Why: Pathogens are expanding in new areas never affected before, exacting significant economic cost on the livestock sector. Prevention and early warning for rapid response are essential. To better understand how cases effect global economies and food prices around the world, read this insight from Gro Intelligence.
The Goal: To provide alternative solutions to predict or monitor high-risk conditions of vector-borne diseases for livestock.
Why: Objective, transparent, accessible, and accurate data is essential to develop high quality, affordable risk financing instruments (such as insurance) or agriculture information systems. With expansion of novel data collection techniques, non-traditional methods of data collection can leap-frog traditional methods such as yield collection and expand the scope and availability of risk financing instruments for farmers.
The Goal: 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.
Examples: Cooperatives, input suppliers, agribusinesses, financial institutions, and local NGOs that have collected agriculture data in the SADC region can submit their dataset.
Step 1: Go to our application link here.
Step 2: Fill out the questionnaire, upload a one-minute explanatory YouTube video, write a 500-word project description, and attach a pitch deck. For the Yield Data challenge, participants must also submit a sample of their data in CSV format.
Step 3: Submit your application before the close of call: April 2, 2020.
Proposals will be reviewed by a World Bank Expert Working Group. This will be based on the outlined criteria (see challenge details). Successful applicants will be notified of their invitation to the Shark Tank session and may receive a request for additional documents via email by April 9, 2020.
If your proposal is selected, you may receive feedback from the Expert Working Group to maximize the impact of your proposal to be presented at the award ceremony April 27-28, 2020. Note: For shortlisted applicants, a Request for a PowerPoint Presentation (RFPP) will be issued to get the material before the award ceremony.
Public announcements of the proposals funded in the final round will be made in August 2020.
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