Bank Alfalah, SAWiE join hands to promote climate-smart agriculture in Pakistan.
ISLAMABAD -- Bank Alfalah and SAWiE, a digital platform offering smart farm advisory services to smallholder farmers, signed an MoU to promote climate-smart agriculture practices within Pakistan.
Under this MoU, SAWiE would leverage its systems to combine geospatial data with machine learning and AI applications to provide sustainable solutions to farmers, said a press release issued here.
According to the MoU, the two organisations would offer climate farm advisory services for farmers, linking them with external markets and supporting green banking to achieve net zero and access to finance.
This initiative aims to empower farmers by increasing their capacity and competitiveness through various activities, including developing a concept of climate-smart villages, promoting climate-smart agriculture technologies, and developing innovative approaches to serving farmers through regular advisory services and training.
Moreover, Bank Alfalah and SAWiE would encourage soil testing of the bank's existing and new farmers to develop soil health solutions, which would help save water, improve plant health, and protect the natural environment. By promoting
ESG principles, the initiative would also support sustainable agriculture practices, which can help ensure the long-term viability of the sector.
This was a crucial step towards supporting sustainable agriculture practices in Pakistan. By offering climate farm advisory services, linking farmers with external markets, and promoting green banking, this initiative aims to empower farmers and increase their capacity and competitiveness while promoting ESG...
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