Global demand for food has continued to grow. However, there are limits to the availability of arable land, soil and freshwater. This means agriculture is set to remain a vital and resilient sector, while requiring innovation and investment to ensure its long-term productivity as well as reliable production.
Technological progress can help produce significant gains in efficiency, but it cannot fully overcome issues such as water scarcity, extreme weather, and soil degradation. Despite such constraints, we believe substantial investments can be made in areas including resource efficiency and restoring ecosystems.
