The Road to the SDGs
X The yield gap, which is the main problem in Africa and some parts of Asia, will be reduced by promoting investments to adopt high-yielding varieties that are tolerant to pests and drought. The IFSP will also promote local production by connecting local farmers to global markets and sourcing the IFSP reserve from them. Accordingly, MCs’ food import dependence will decrease. X An effective and efficient marketing information system is required to successfully implement the proposed global reserve. Farmers in developing countries still lack access to reliable market information, despite the introduction of information technologies in many countries. Farmers will be able to leverage IsDB’s blockchain platform to gain timely market information and better integrate to the marketplace. X Measures will be adopted not only to ensure MCs’ food security but also to strengthen trade linkages among them and throughout the world. The IFSP will help the agri-food industry to thrive by boosting trade between MCs and enhancing their competitiveness through regional cooperation. ACHIEVEMENTS X The proposed platform will protect the vulnerable populations in MCs from food insecurity and keep importing countries safe from the adverse effects of price instabilities in the global food market. Food stocks will initially begin with rice and later expand to other food grains, such as wheat and corn. INVESTMENT X By setting up the Islamic food reserve, IsDB will be: – Leading humanitarian food reserves among Muslim countries and communities globally – Enabling Muslim countries and communities to withstand food crisis and price shocks – Progressively building an agri-food value chain through production, consumption and trade within and between countries. M E M B E R C O U N T R Y F O O D S E C U R I T Y 45 million of the most vulnerable people in the world live in MCs with an annual food deficit of US$67 billion I S L A M I C F O O D R E S E R V E P R O G R A M M E Setting up the IFSP is a building block in developing resilient and vibrant agri-food value chains in the Muslim world [ 137 ] T H E R O A D T O T H E S D G s | P R O G R E S S A N D A C H I E V E M E N T S
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