Artificial intelligence and technology solutions for the agricultural sector

Food AI

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Artificial intelligence and technology solutions for the agricultural sector
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Invest in the creation, operation, and management of software, platform, artificial intelligence and/or technological services for monitoring crops, preventing pests and other damages caused by climate change

Expected Impact

Increase sustainable production and provide a means of living to rural population while benefiting the environment

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
The department of Alto Paraná concentrates most of the planted soybeans area with 906 thousand hectares (2).
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Responsible Consumption and Production (SDG 12) Decent Work and Economic Growth (SDG 8) Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) No Poverty (SDG 1)
Sector Sources
  • (I) Gobierno de Paraguay. 2014. Plan Nacional de Desarrollo Paraguay 2030. https://www.stp.gov.py/pnd/wp-content/uploads/2014/12/pnd2030.pdf (II) Ministerio de Agricultura y Ganaderia. 2013. Marco estratégico agrario. https://faolex.fao.org/docs/pdf/par179001.pdf (III) International Fund for Agricultural Development. 2016. Paraguay. https://www.ifad.org/en/web/operations/w/country/paraguay (IV) UNOPS. 2020. To grow, eat and sell: Modernizing agriculture in Paraguay. https://www.unops.org/news-and-stories/stories/to-grow-eat-and-sell-modernizing-agriculture-in-paraguay (V) OECD. 2018. Multi-dimensional Review of Paraguay. https://www.oecd.org/development/mdcr/countries/paraguay/Paraguay_Vol_1_Overview_En.pdf
IOA Sources
  • (1) Agencia de Cooperación Internacional del Japón & Coordinación Interinstitucional y Multisectorial de Contraparte. 2011. Estudio para el Desarrollo Rural Integral dirigido al Pequeño Productor EDRIPP. https://openjicareport.jica.go.jp/pdf/12041745.pdf (2) BASF. s,f, Cultivo de Soja en Paraguay - Tratamiento y Productos BASF. https://agriculture.basf.com/py/es/proteccion-de-cultivos-y-semillas/cultivos/cultivo-de-soja.html#:~:text=Las%20principales%20regiones%20productoras%20son,(18%25%20del%20total). (3) Aswath Damodaran. 2021. Current Data. https://pages.stern.nyu.edu/~adamodar/ (4) Intersog. 2021. How Long Does It Take to Develop Custom Software? https://intersog.com/blog/custom-software-development-time/ (5) UNOPS. 2020. To grow, eat and sell: Modernizing agriculture in Paraguay. https://www.unops.org/news-and-stories/stories/to-grow-eat-and-sell-modernizing-agriculture-in-paraguay (6) La Nación. 2020. Sequía e insectos amenazan cultivos: agricultores piden asistencia del Estado para evitar pérdidas. https://www.lanacion.com.py/pais/2020/09/30/sequia-e-insectos-amenazan-cultivos-agricultores-piden-asistencia-del-estado-para-evitar-perdidas/ (7) International Fund for Agricultural Development. 2016. Paraguay. https://www.ifad.org/en/web/operations/w/country/paraguay (8) Tzachor, A., Devare, M., King, B. et al. Responsible artificial intelligence in agriculture requires systemic understanding of risks and externalities. https://www.nature.com/articles/s42256-022-00440-4 (9) Sequera Maricarmen. 2020. Online education and the Internet infrastructure in Paraguay. https://www.tedic.org/en/online-education-and-the-internet-infrastructure-in-paraguay/ (10) Gobierno del Paraguay. 2014. Plan Nacional de Desarrollo Paraguay 2030. https://www.stp.gov.py/pnd/wp-content/uploads/2014/12/pnd2030.pdf (11) Economía Virtual. 2019. Producción orgánica en Paraguay fue tema principal de ponencia. https://economiavirtual.com.py/web/pagina-general.php?codigo=23241 (12) Ministerio de Agricultura y Ganadería. 2012. Plan Nacional Concertado de Fomento de la Producción Orgánica y Agroecológica. https://faolex.fao.org/docs/pdf/par210095.pdf (13) SENAVE. 2013. Resolution 670/13. http://web.senave.gov.py:8081/docs/resoluciones/senave/RES670-13.pdf (14) Decidamos Paraguay. 2017. Sistema Participativo de Garantía (SPG) para la certificación de la producción agroecológica. https://www.decidamos.org.py/wp-content/uploads/2019/11/SGP-web-min.pdf (15) Agencia Financiera de Desarrollo. s.f. Acerca de la AFD. https://www.afd.gov.py/que-es-la-afd (16) Crédito Agrícola de Habilitación. s.f. Misión y Visión. https://www.cah.gov.py/mision-y-vision (17) Agencia de Información Paraguaya. 2021. Fortalecer a productores mediante programas y facilitar el acceso a créditos, desafíos del MAG para el 2020. https://www.ip.gov.py/ip/fortalecer-a-productores-mediante-programas-y-facilitar-el-acceso-a-creditos-desafios-del-mag-para-el-2021/