Logistics and freight have risen to the top of the news agenda due to COVID-19 linked turmoil, while prospects for extreme climate events have generated fears of further disruption to trade. The session will address the main drivers of the shipping sector and discuss future investments needed to improve its resilience and explore forecast of the maritime freight. Moreover, at COP26, an initiative emerged from the shipping sector on green corridors, a development which may generate new opportunities for grains trade.
Carbon sequestration and carbon markets are essential to achieving the goal of net-zero emissions. As businesses increasingly commit to reducing emissions, it is anticipated that carbon sequestration practices and carbon trading will need to scale up by 15- to 160-fold in order to meet growing demand.
The session will address the development of carbon credit markets and the potential for regenerative agriculture and farming within the supply chain.
Asia is one of the most dynamic regional markets for grains and oilseeds. Amid changing dietary patterns and consumer preferences, asymmetric market disruptions and price movements between wheat and rice provide some margin of manoeuvre for substitution. This session will address economic factors and trends within food-grain (wheat and rice) markets in key consuming countries.
Sustainability criteria are among the tools developed to support the grains, oilseeds and rice industry to respond to consumer demands for climate-friendly food systems. However, there is a danger that, amid multiple initiatives, markets may become less efficient.
The session will address ways to improve consistency across competing schemes, thereby providing the greatest benefit to trade.
In the past two decades, biofuels sectors have developed quickly and sizeably in efforts to reduce harmful emissions and provide a more sustainable future in supplying various segments of the market. However, with the fast expansion of the electric vehicle sector in developed regions increasingly in focus, this raises questions as to the future utilisation of biofuels, notably, ethanol and biodiesel.
This session will also consider developments in the context of the broader policy backdrop surrounding decarbonisation and the plications for the use of raw materials in future years.