Leveraging AI for climate resilient agriculture: 2023 financial inclusion week

In the evolving landscape of AI for agriculture, the future lies in hyper-personalization and multimodal models. AI will increasingly use diverse data sources, which include images and videos, to offer personalized solutions. The focus is on enhancing localization, predicting trends, and addressing challenges, such as climate change and market fluctuations. As AI becomes more integrated, institutions should embrace its transformative potential to benefit smallholder farmers, ensure the services are tailored to their unique needs, and contribute to a more sustainable and resilient agriculture ecosystem.

Leveraging AI for climate resilient

Our recent work in Bihar highlighted climate change’s persistent impact, which led to disruptions from heat waves, droughts, and floods over the past decade. This has led to a significant increase in pest infestations for farmers. Bangladesh also observed similar challlenges where extreme heat and saline land from previous cyclones complicated land preparation. Erratic rainfall delayed and dried seeds, followed by torrential downpours that flooded and washed away crops. Cyclone Amphan further worsened conditions. It wiped out standing crops and introduced saline water, which made the soil less fertile. We worked with CGAP in Bangladesh and DECODIS in Nigeria on a macro scale and found climate change’s adverse effects on livelihood capitals. Now, in collaboration with the Government of India, Agristack, and the Government of Bihar, we intend to address these challenges by integrating a digital farmer services platform, which uses technology to enhance agricultural production, financing, and market linkages.

Voices of India’s MSMEs: Insights notes from The Diaries – Edition 1

The first note in this series of notes—Insights note-Edition 1—covers aspects related to the business finances of informal enterprises (IEs) and how external factors affect them. It also unpacks informal enterprises’ adoption of digital technology and how they use it in business.

The note discusses examples from MSC’s Financial Diaries research on IEs to validate the findings. It also provides recommendations for policymakers and financial service providers to address IEs’ challenges.

The use of digital platforms for business—insights from Women’s Business Diaries in Bangladesh

This note uses data from surveys, daily diaries data, and qualitative interviews to unpack how female business owners in Bangladesh use digital platforms for business and examine their challenges. This note is a part of the ‘The Big Smalls of Bangladesh’ series under the Women’s Business Diaries project in Bangladesh.

The role locally-led adaptation plays to build climate resilience – Part 2

The role locally-led adaptation plays to build climate resilience – Part 1