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The role of seed banks in global food security

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In an era where global food security is increasingly under threat from climate change, environmental degradation, and geopolitical instability, the preservation of agricultural biodiversity has never been more critical. Luis Salazar, Communications Manager at the Crop Trust, sheds light on the vital role of seed banks, particularly the Svalbard Global Seed Vault, in safeguarding the future of our food systems. In this interview, Salazar discusses the importance of storing diverse seed samples, the impact of these efforts on resilience against climate challenges, and the cultural significance of indigenous seed varieties. He also emphasizes the need for international cooperation and private sector involvement in conservation initiatives, while outlining the challenges and opportunities ahead. As we navigate a rapidly changing world, understanding and supporting seed conservation is essential for ensuring sustainable food production for generations to come. Excerpts;

Capital: Why is it crucial to store a diverse range of seed samples in facilities like the Svalbard Global Seed Vault?

Luis Salazar: Seeds do not last forever, not even in genebanks. And they are not safe either in one genebank location. Loss of electricity, a flood or fire, or worse, human conflict, may jeopardize collections that were collected 50, 60 years ago. And most diversity in genebanks, sadly, cannot be found in farmers’ fields or out in the wild anymore. That is why a standard practice for all working genebanks is to have back-up duplicate seeds in other locations.  In fact, per FAO genebank standards, all genebanks should have two safety duplicates in place – one in another genebank (preferably in another country), and a second one in Svalbard, which is solely a back-up location. 

Capital: How do stored seeds contribute to resilience against climate change and environmental degradation?

Salazar: Stored seeds do not contribute directly to resilience against climate change and environmental degradation, but if seeds are backed-up in Svalbard this means that the depositing genebank has seed available – and is willing – to share with users. And it is this diversity that can make a difference. The wealth of crop diversity houses the traits that can adapt our crops to present and future challenges. We are seeing wild diversity, distant cousins of our food crops, being used in breeding efforts to make our crops sturdier. E.g. drought resistant wheat in Morocco. Disease resistant potatoes in Peru

Capital: In what ways does the preservation of seed diversity impact global food security, especially in regions vulnerable to food shortages?

Salazar: Following up on the response above (#2), farmers now need to do more with less – they want higher yield but working with the same or less inputs – water, fertilizer, etc.  In addition, they need crop varieties that can withstand extremes – heat, drought, frost, flood, and a host of new diseases and plagues. Safeguarding seeds in genebanks is done for the purpose of sharing this diversity with users. It is evaluated, characterized and that valuable information, accompanying the seed, can, in the right hands, provide solutions for farmers – from breeders developing new and improved varieties, to providing more diversity that farmers can use directly in their fields.

Capital: Can you explain how seed banks play a role in responding to crises such as natural disasters, conflicts, or pandemics?

Salazar: Genebanks have a very specific role: to safeguard and make crop diversity available over the long-term. Within this very specific role, genebanks have responded to “natural disasters, conflicts, or pandemics” by providing seeds to farmers after these crises happen. We’ve seen genebanks ship seed packages to hard-hit countries or regions after hurricanes and floods, after war has torn communities to pieces. Genebanks have “rematriated” materials to communities that have lost everything due to natural disasters. 

Capital: What is the cultural importance of preserving indigenous and traditional seed varieties, and how do these contribute to local agriculture?

Salazar: Across the world, people have a close link to their foods. Specific crops are eaten during weddings or funerals, for example, or to celebrate other rites of passage. It depends on the communities, but we all have our food preferences. Black beans in Guatemala. Red beans in El Salvador. To one degree or other, it is part of our social identity. For example: indigenous communities in the Andes cultivate 200 different potatoes for family consumption; each potato variety is cooked in a specific way; some potatoes are used for other purposes as well, like coloring for clothing or ceramics, or for make-up. Small-scale agriculture needs diversity that can respond to their specific needs, to their realities. Landraces, the materials developed by the farmers themselves over thousands of years, are usually best adapted to those “local” realities. But from generation to generation, sometimes these landraces are forgotten and in time lost in communities. Genebanks have “rematriated” these old seeds back to communities. 

Capital: How does the availability of diverse seed samples facilitate agricultural research and the development of new crop varieties?

Salazar: There are more than 28,000 varieties of maize; 4,500 varieties of potatoes; 200,000 varieties of rice. Not all of them are meant to be eaten. Some are wild cousins of our food crops. But genebanks safeguard them and make them available because these seeds hold within them the traits that have improved – and will continue to do so — our domesticated crops. Crop diversity holds the raw materials that researchers need to develop new crop varieties. Simple as that.

Capital: What role does international cooperation play in seed preservation efforts, and how can countries work together to enhance these initiatives?

Salazar: Though our foods come from very specific points of origin, humanity across the globe consumes wheat, potatoes, rice, etc. And most of these staples have adapted to environments that are far away from where they come from. Many African countries depend on maize and cassava and beans and sweet potatoes, but these crops come originally from elsewhere. 

We live in an interdependent world. And food is a global common good. Same with crop diversity – under the FAO Plant Treaty, which has been signed by 150+ countries that also agreed that crop diversity is a global common good. Sharing food-related agro-biodiversity across borders for the benefit of all is in everyone’s interest. We all eat and we all benefit from this crop diversity, even if we are far from the genebank, far from the farmer’s field. We all have a stake in making sure this diversity is conserved and made available forever. Thus, all countries should participate in making sure we as a global community have a strong, effective and efficient global system for ex situ conservation. 

We once believed that a country could be self-sufficient when it comes to food security. Not even the United States, which holds one of the best and largest national genebanks, has the diversity it would need to adapt its crops. Big as it is, it probably holds 1/10th of the crop diversity found in genebanks across the world. The US, like India or Ethiopia, or China, or Brazil, or any other country, all depend on diversity found and safeguarded elsewhere. 

Our world leaders must understand that collaboration is the only way forward. A proper effective and efficient Global System for ex situ conservation means that each genebank does its part and maximizes the limited resources each one has. The Ethiopian national genebank need not have to maintain exhaustive collections of wheat and barley diversity, though these are important crops for the country; for starters, the largest and most important diversity of these crops is found elsewhere and international genebanks, like the one at ICARDA in Morocco, holds and makes this diversity available for the world. Instead, the Ethiopian national genebank can focus on crops that are of importance to the local community, which other genebanks are not conserving. Like teff, for example. Or coffee. If each genebank does its part, the whole will benefit.    

 

Capital: What are some potential future challenges that might arise concerning seed storage and preservation, and how can they be addressed?

Salazar: The biggest challenge remains the long-term stable funding of genebanks. All diversity has potentially traits that we might need – be it tomorrow, 50 years from now, or 200 years from now, or later. Genebanks must conserve as much diversity as they can because we do not know what, out of the 39,000 accessions of sorghum, or the 33,000 accessions of millets, or 23,000 of pearl millet housed at the ICRISAT genebank in India we will one day need. It could be that one and only one sample has the trait needed. 

Capital: How have advancements in technology improved seed storage methods and our ability to maintain seed viability over time?

Salazar: Science is evolving all the time. And that includes seed storage technology; researchers are continually improving ways on how to best maintain large collections of crop diversity, and do so aiming at or sustaining high quality standards. How? This needs to be asked to a genebank specialist and we suggest you reach out to the genebank specialists at the International Livestock Research Institute (ILRI) or the Ethiopian National Genebank.

Capital: What policy changes are necessary to support the effective conservation of seeds on a global scale, and how can governments be encouraged to invest in these initiatives? 

Salazar: The global community agreed that safeguarding agro-biodiversity is a must. Firstly, countries must look within and evaluate whether or not they are doing their best to support their national genebanks. Secondly, they need to see how together they can contribute to the efforts that the international genebanks are doing to house and share the diversity for everybody. One way of doing this is contributing to the Crop Trust Endowment Fund, which was established to fund these collections in perpetuity. Unfortunately, the Fund has yet to reach its goal and without the proper funding, the risk of losing diversity remains.   

Capital: How important is public awareness and education regarding the importance of seed conservation for future generations?

Salazar: There is still a lot of work that must be done so people understand and appreciate the value of crop diversity. It is far away from our dinner tables; far from what people find in supermarkets and markets. But it is the foundation of our food security, of our lives. Without it we lose options for the future, we lose the ability to adapt and thrive in a changing world. Journalists can play a key role here in underlining the importance of genebanks and crop diversity.   

Capital: What role can private organizations and corporations play in supporting seed conservation efforts alongside governmental initiatives? 

Salazar: We all eat. We all should help conserve crop diversity. Moreso if you lead a corporation that has a direct link to agriculture, one that depends on produce to sell or transform and sell their products. These companies should be invested in making sure the diversity is safe and available today and tomorrow. The Crop Trust has been working now for 20 years with international and national genebanks, shoulder-to-shoulder with them in finding ways to make the most of the limited funding, to sustain – or work towards achieving and sustaining – the international standards of conservation. What the Global System lacks is funds, to ensure the work can continue long term. The Crop Trust invites private organizations and corporations to join us and the world’s genebanks in making sure humanity has safeguarded and available the crop diversity we all need, today and tomorrow.  

Capital: How do you describe Africa’s role in this and in fact also Ethiopia’s contribution?

Salazar: The Crop Trust has supported a total of 55 genebanks in Africa, both national and other, smaller genebanks found in universities, research centers, and NGOs. African nations understand the value of crop diversity. And a lot has been achieved in the past 20 or so years. But there is still a lot more to be done. One area that has lots of potential is the conservation and use of “opportunity” crops, known also as “forgotten”, “minor” or “orphan” crops. Such crops include millets, grasspea, Bambara groundnut and an array of traditional African leafy vegetables.These are crops that were once important sources of food but have fallen out of favor (and, oftentime, also market shelves) because of the lack of attention paid to them by researchers, breeders and policymakers — and also because other crops became trendier. The Svalbard Global Seed Vault welcomed a lot of this diversity from African genebanks. E.g. Nigeria, Mali, Zambia, Chad.

Ethiopia is one of the most diverse countries in the world, and unique crop diversity is found within its borders – from teff to coffee, to mention but two. Per our collaborations with the national genebank, we know there are a lot of committed and passionate genebank specialists that go beyond their duty to make sure this diversity is safe and available. Is it enough? Do they have the proper tools they need and the proper funding to continue their work? Is Ethiopia actively contributing to the Global System? These are questions that must be asked to your policy makers.  

Ahadu Bank reports remarkable growth in second year of operations

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In its second year of operations, Ahadu Bank has achieved remarkable success, including guaranteed profitability.

The bank, which began operations two years ago, reported that it excelled in all areas of the sector’s operations during its second year, which concluded on June 30, 2024.

In its annual report, presented at the general assembly on Saturday, October 30, at Millennium Hall, the bank announced a revenue of 1.15 billion birr, marking a 690 percent increase since its inaugural year.

The report indicated that the bank’s earnings for the year exceeded its annual targets. A significant portion of the newly established financial institution’s revenue stemmed from non-interest income, influenced by the regulatory body’s strict limits on new loans.

Commission and service fee income accounted for over 59 percent of total revenue, while interest income represented more than 32 percent, according to the annual report.

Ahadu’s total capital reached 994 million birr, reflecting a substantial growth rate of 103 percent compared to the previous year. Additionally, its paid-up capital increased by 53 percent, surpassing one billion birr.

“This growth highlights the bank’s efforts to strengthen its capital base and meet supervisory requirements ahead of schedule,” the report stated.

The bank’s asset position rose by more than 3.3 billion birr in just one year, marking another significant achievement for the institution, which has nearly 10,000 shareholders. By the end of June 2024, the bank’s total assets had grown by over 107 percent, reaching 6.4 billion birr.

More than one billion birr was allocated for operating expenditures during the reporting period, enabling the bank to report an unprecedented increase in income.

Industry analysts noted that while sector expenses have surged in recent years, Ahadu, as a newcomer, faces additional challenges in making substantial but essential investments to solidify its foundation. In the reported year, the bank’s expenses increased by 150 percent compared to the previous year. Personnel expenditures were the largest at over 47 percent, followed by interest and general expenses.

Despite local and global challenges, such as the loan cap imposed by the National Bank of Ethiopia, which rendered the market less favorable, the bank reported a positive outcome for the year.

With an earnings per share of nearly ten percent, the bank managed to offset its first-year loss, achieving a gross profit before taxes of 120 million birr.

In its first year, the bank experienced a loss of 267.6 million birr, which is typical for the industry.

During the review period, Ahadu increased its customer base by 250 percent, reaching approximately 704,000 depositors. As of June 30, the bank operates 104 branches, with 55 percent located in Addis Ababa.

NetGuardians unveils AI-Driven strategies to combat financial fraud

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NetGuardians, a leader in AI-driven fraud prevention, recently hosted an exclusive executive breakfast at the Sheraton Hotel in Addis Ababa. This event brought together senior leaders from the financial sector to discuss innovative strategies and trends in combating fraud.

The breakfast, tailored for top decision-makers in banking and finance, focused on the role of artificial intelligence in detecting and preventing financial crimes in real-time. Attendees had the opportunity to gain insights into how NetGuardians’ cutting-edge solutions are helping organizations stay ahead of evolving fraud tactics while ensuring secure financial transactions.

Jonathan Somers, MEA Regional Sales Director at NetGuardians, expressed enthusiasm about engaging with executives in Ethiopia. “We’re thrilled to share our expertise in fraud prevention and demonstrate how AI can be a game-changer in protecting financial institutions,” he stated. He emphasized that as fraud schemes become increasingly sophisticated, collaboration and innovation are essential.

The event also served as a platform for industry leaders to network, exchange ideas, and explore new solutions aimed at securing the future of banking not only in Ethiopia but also beyond its borders.

NetGuardians has established itself as a prominent Swiss FinTech firm, assisting financial institutions across more than 30 countries in the fight against financial crime. Its innovative 3D artificial intelligence (3D AI) solution is currently employed by over 100 banks, including 40% of the largest banks in East Africa. The technology has proven effective, achieving an 85% reduction in customer friction and over 75% lower operating costs while enabling the detection of new fraud cases.

Recently recognized as the 2024 Category Leader in the Chartis RiskTech Quadrants for Enterprise Fraud, Payment Fraud, and AML Transaction Monitoring, NetGuardians continues to set industry benchmarks. With headquarters in Switzerland and offices in Singapore, Kenya, and Poland, the company remains committed to enhancing security measures for financial institutions worldwide.

UN agencies warn of internal displacement crisis in Ethiopia

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The International Organization for Migration (IOM), the United Nations Development Programme (UNDP), and the United Nations Refugee Agency (UNHCR) have issued a stark warning regarding the increasing internal displacement in Ethiopia, driven by ongoing conflict and climate shocks. This displacement crisis is reversing decades of poverty reduction efforts, and the agencies assert that humanitarian aid alone is insufficient to address the underlying issues.

During a recent meeting in Addis Ababa, leaders from the three UN agencies, including IOM’s Ugochi Daniels, UNDP’s Shoko Noda, and UNHCR’s Raouf Mazou, launched a new national strategy aimed at strengthening government-led development and peacebuilding initiatives while addressing immediate humanitarian needs.

Despite Ethiopia lifting 15 million people out of poverty in recent years, the country has faced significant setbacks due to various crises, including the COVID-19 pandemic, armed conflicts, droughts, and floods. These challenges have left many internally displaced individuals without access to essential services and livelihoods.

“The plight of internally displaced people in Ethiopia is not solely a humanitarian issue. It requires comprehensive recovery and development solutions,” stated Shoko Noda, Director of the UNDP Crisis Bureau. “Many displaced individuals need access to basic social services, protection, decent work, and livelihood opportunities. We will accelerate our efforts for recovery and resilience building.”

Host communities are also feeling the strain as they face increased pressure on infrastructure and resources, leading to higher poverty levels. This situation is exacerbated by a decline in international financial support for Ethiopia; Official Development Assistance (ODA) fell from $4.7 billion in 2020 to $2.7 billion in 2022, according to UNDP.

Currently, Ethiopia’s 2024 Humanitarian Response Plan is only 47% funded from donor and government sources. The Ethiopian government is working alongside the UN to address immediate needs while simultaneously focusing on governance improvements, investing in social services and economic opportunities, and creating conditions for the voluntary safe return, resettlement, and integration of displaced individuals.

The UN emphasizes that government-led, development-focused solutions are crucial for Ethiopia’s long-term recovery. This approach aligns with the UN Secretary-General’s Action Agenda on Internal Displacement, under which Ethiopia is one of 15 countries selected to implement durable solutions.

“By supporting climate action, peacebuilding, and durable solutions to displacement, we can help Ethiopia achieve developmental progress while alleviating suffering for millions,” said Raouf Mazou, UNHCR’s Assistant High Commissioner for Operations. He called on donors to support these efforts in line with the UN Secretary-General’s Action Agenda.

The newly launched Durable Solutions Strategy promotes an integrated approach that combines humanitarian assistance with development initiatives and peacebuilding efforts. As global displacement reaches unprecedented levels—over 122 million people displaced as of June 2024—the UN remains committed to finding innovative solutions worldwide.

“The endorsement of the National Durable Solutions Strategy in Ethiopia is a milestone toward implementing the Action Agenda,” stated Ugochi Daniels, IOM Deputy Director General for Operations. “After years of concerted efforts, Ethiopia is ready to enhance cooperation with regional authorities for coordinated planning that supports displaced communities in rebuilding their lives.”

The collaboration among these UN agencies signifies a critical step forward in addressing internal displacement in Ethiopia. By prioritizing long-term solutions alongside immediate humanitarian aid, there is hope for restoring stability and fostering resilience among affected populations as the country navigates its complex challenges.