Blockchain technology can enable sustainability: Report

Changing livelihoods in emerging economies and regenerative farming are among global trends shaping the future, says report from NGO Forum for the Future

GN Bureau | February 6, 2018


#Farming   #Livelihood   #Blockchain   #Sustainability  

Forum for the Future, one of the world’s leading sustainability non-profits, has called on leaders to better understand the dynamic trends that are shaping the future, in order to create strategies that effectively navigate today’s complex times and unlock new opportunities for sustainability.

Titled Future of Sustainability 2018 – Living in nonlinear times, the crowd-sourced report sheds light on seven “areas of dynamism” that are exerting a profound impact on societies today, from the emergence of blockchain technology, to changing livelihoods in low income and developing economies, and regenerative approaches to agriculture.

Drawing on the key technological, political, economic and environmental shifts happening in these areas, the report highlights the implications, as well as the rich opportunities on offer for business, civil society and government leaders to radically and rapidly reshape current systems of behaviour and practice, for long-lasting, systemic change.

Anna Warrington, Director of Forum for the Future in India, said: “We live in a world of great political, economic and environmental uncertainty, in which sudden and major changes have become the new normal. India sits at the heart of some of these shifts, with factors such as its ban on fossil fuel cars, pioneering action against plastic pollution and job disruption from automation creating fertile ground for system-level shifts. We need a better understanding of the trends emerging today that will impact India’s future, how they are linked, and also how we are part of ongoing processes of change. Only then can leaders make better decisions that ensure that we survive and thrive in the future.”

For each of the seven areas, the report describes “signals of change” – real-life examples of disruption and/or innovation around the world - and considers their implications for the future. These signals act as tangible proof points of change in motion, and demonstrate how leaders and decision makers need to think more systemically in order to understand where different sectors are headed and the opportunities they can harness to help deliver a more sustainable future.

The report considers the reality behind blockchain, assessing how the decentralised database may be able to support sustainable practices beyond the world of cryptocurrency, and exploring ways it might be combined with other technologies to deliver greater impact in the future. For example, Akshaya Patra, an Indian NGO that runs the world’s largest school lunch programme, has teamed up with Accenture to improve its service through blockchain, creating efficiency gains that enable the NGO to provide one million more meals per year.

People are starting to make new livelihoods in low-income and emerging economies, through shifts in demographics, technologies and business models. As automation spreads to industries such as ICT services, manufacturing and agriculture, these countries face significant job disruption - India’s projections for formal job loss stand at 69% in a recent study - creating a clear need for new development routes and sustainable livelihoods. One solution is the spread of gig platforms such as Uber, which help to semi-formalise the informal market to make it more accessible. UBI is also being investigated in many emerging economies, with pilots in India so far indicating positive benefits such as increased food security and welfare, and higher levels of emancipation and economic activity.

In agriculture, conventional models are putting increasing pressure on natural systems with significant implications for feeding growing populations and for keeping climate change in check. In response, we are seeing signs of regenerative agriculture - innovative, restorative approaches that give back more to the environment than is being taken out. New systems of automation and data collection can support these approaches, with positive results in decreasing soil disturbance, enhancing monitoring and enabling higher yields with lower input. These new developments present huge opportunities for producers, businesses and governments alike to develop a food and farming system that is productive and sustainable in the long term, said a press release.
 

Comments

 

Other News

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

From pyramid to platform: BRICS agenda for Global South

In his opening address at the 18th BRICS Summit in New Delhi on September 12, prime minister Narendra Modi did something India`s diplomacy has been building towards for three years: he moved the ‘Voice of the Global South’ from a slogan to a work plan. Addressing the leaders, he argued that t

How to realise the full transformative potential of PM-JAY

The Pradhan Mantri Jan Arogya Yojana (PM-JAY), a welfare scheme which covers approximately 45 crore beneficiaries across India, provides cashless health cover of Rs. 5 lakh per family per year. It is the largest health insurance scheme which helped crores of poor families by reducing out-of-pocket expend

The missing men in India`s family planning story

Every pregnancy requires two people. Yet India`s family planning programme continues to ask only one of them to bear almost all of its medical consequences. The newly released National Family Health Survey-6 (2023-24) confirms just how entrenched this asymmetry remains: 36.5% of currently married women a

`Development must be judged beyond GDP, with rights and justice at core`

Delivering the IXth Chief Justice M.C. Chagla Memorial Lecture on ‘Human Rights and Sustainable Development Goals’, in Mumbai Friday,  former Chief Justice of India Bhushan R. Gavai questioned whether conventional economic indicators such as gross domestic product (GDP), national income,

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter