Daily Post Pakistan
Published Date: Apr 29, 2020
Experts suggest immediate measures to ensure food security
ISLAMABAD: The COVID-19 pandemic has posed a critical problem to creating countries to hold the food provide intact, primarily countries with extremely dense inhabitants particularly in Asia-Pacific area, financial specialists have warned.
Experts expressed these views with the viewers at an online coverage dialogue titled ‘UNESCAP’s Economic and Social Survey of Asia and the Pacific 2020 – Lessons for Pakistan’ organised by the Sustainable Development Policy Institute (SDPI), in collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) on Wednesday.
Former State Bank of Pakistan (SBP) governor Dr Shamshad Akhtar stated that the financing capability of Pakistan had been fairly low like different creating countries. However, the cushion that current facilitation by worldwide financing establishments had offered so as to take care of the challenges posed by the pandemic, had offered the chance to spend money on the healthcare methods and social security by ensuring that there could be no food scarcity within the country, she added.
UNESCAP Economic Affairs Officer Dr Daniel Joeng-Dae Lee, with the assistance of an in depth presentation on UNESCAP’s Survey 2020, highlighted that the excessive financial development within the Asia-Pacific area helped in lifting nearly a billion people out of maximum poverty previously 20 years.
“The Asia-Pacific region seems missing the 17 goals by 2030 and the largest regression is in goal 12 that is about ensuring sustainable consumption and production patterns,” he stated.
The COVID-19 pandamic, he stated, might change into a catalyst to change the event strategy that prioritises people and the planet. In Pakistan’s context, he added, Pakistan Climate Act, 2017, and plan on lowering reliance on coal provide stable foundation for the proper actions and the steps below the Green Pakistan Financing might assist in attaining the targets.
SDPI Executive Director Dr Abid Qaiyum Suleri defined the character of the challenges posed by COVID-19 for creating sustainable economies and stated that the looming food disaster within the area posed by the pandemic calls for a broader and larger regional cooperation. The SAARC might have performed a really energetic function in dealing with the impacts, nevertheless, it’s fairly regrettable that this chance is being misplaced right here for not exhibiting sufficient maturity, he added.
“We need to figure out the way forward for a sustainable production and consumption system,” Dr Suleri stated and added that campaigning for the improved social protection, sustainable food provide chain creating digital platforms for regional to world exchanges are the a few of the areas that need our pressing consideration to reply to rising challenges.
SDPI Joint Executive Director Dr Vaqar Ahmed, on the event, stated that COVID-19 presents a chance to pursue actions needed to undertake the sustainable consumption and manufacturing. This would require governments to foster partnerships with companies and trade to promote inexperienced investments and apply sustainable enterprise practices throughout the worth chain, he added.
He additional stated that the central financial institution can play essential function in designing monetary merchandise which assist startups and social enterprises to go for modern and inexperienced manufacturing applied sciences.