WEBVTT 1 00:00:00.261 --> 00:00:02.490 (upbeat music) 2 00:00:02.490 --> 00:00:04.290 On the journey toward net zero 3 00:00:04.290 --> 00:00:05.973 and perhaps even beyond it. 4 00:00:09.150 --> 00:00:14.150 By 2050, the world must feed nearly 9.7 billion people. 5 00:00:14.160 --> 00:00:19.020 That means 60% more food and 30% more freshwater. 6 00:00:19.020 --> 00:00:22.020 This demand points to one of the most dynamic growth areas 7 00:00:22.020 --> 00:00:25.140 where we can innovate and create societal impact. 8 00:00:25.140 --> 00:00:27.570 Food and water aren't just life essentials. 9 00:00:27.570 --> 00:00:29.580 They are the foundation of our future 10 00:00:29.580 --> 00:00:32.700 and a sector poised for transformation. 11 00:00:32.700 --> 00:00:35.580 Globally, agriculture accounts for 70% 12 00:00:35.580 --> 00:00:37.650 of all freshwater use, 13 00:00:37.650 --> 00:00:41.460 but by 2030, global demand for freshwater is set 14 00:00:41.460 --> 00:00:43.800 to exceed supply by 40%. 15 00:00:43.800 --> 00:00:46.560 At the same time, food demands continue to rise. 16 00:00:46.560 --> 00:00:48.060 Our latest research shows 17 00:00:48.060 --> 00:00:50.310 that the Middle East offers valuable lessons 18 00:00:50.310 --> 00:00:51.480 in this environment. 19 00:00:51.480 --> 00:00:54.960 14 countries in this region face extreme water 20 00:00:54.960 --> 00:00:59.130 stress and less than 5% of the land is farmable. 21 00:00:59.130 --> 00:01:01.650 Yet the population keeps growing. 22 00:01:01.650 --> 00:01:04.440 Instead of being barriers or shortcomings to the region, 23 00:01:04.440 --> 00:01:06.843 they have become launchpads for innovation. 24 00:01:07.800 --> 00:01:11.130 The region isn't surrendering to scarcity, 25 00:01:11.130 --> 00:01:13.200 it's building bold solutions, 26 00:01:13.200 --> 00:01:15.870 turning deserts into fertile lands 27 00:01:15.870 --> 00:01:19.200 and turning limitation into leadership. 28 00:01:19.200 --> 00:01:21.840 The Middle East now produces 40% 29 00:01:21.840 --> 00:01:24.360 of the world's desalinated water, 30 00:01:24.360 --> 00:01:27.390 driven increasingly by solar energy. 31 00:01:27.390 --> 00:01:31.950 In Egypt, an agribusiness called Al Dahra has transformed 32 00:01:31.950 --> 00:01:36.720 16,000 hectares of desert into productive farmland. 33 00:01:36.720 --> 00:01:39.990 Using smart irrigation and drought-resistant crops, 34 00:01:39.990 --> 00:01:42.420 they cut water usage by 20% 35 00:01:42.420 --> 00:01:45.060 and saved over $250 million 36 00:01:45.060 --> 00:01:47.460 in wheat imports since inception. 37 00:01:47.460 --> 00:01:49.605 These aren't isolated efforts. They're part 38 00:01:49.605 --> 00:01:51.960 of a purpose-driven transformation, 39 00:01:51.960 --> 00:01:53.640 and the momentum is growing. 40 00:01:53.640 --> 00:01:55.470 By 2030, the Middle East 41 00:01:55.470 --> 00:01:58.290 and Asia Pacific will drive nearly 45% 42 00:01:58.290 --> 00:02:00.870 of the global food-water tech market, 43 00:02:00.870 --> 00:02:03.900 worth over $200 billion. 44 00:02:03.900 --> 00:02:07.230 Real transformation requires more than great technology. 45 00:02:07.230 --> 00:02:10.680 It takes coordinated systems working as one. 46 00:02:10.680 --> 00:02:13.890 In our latest report with the World Economic Forum, 47 00:02:13.890 --> 00:02:16.710 we outline a five-point blueprint 48 00:02:16.710 --> 00:02:19.380 for green food innovation. 49 00:02:19.380 --> 00:02:22.238 One, build holistic policy frameworks 50 00:02:22.238 --> 00:02:23.954 with unified governance 51 00:02:23.954 --> 00:02:26.190 that set clear national goals, 52 00:02:26.190 --> 00:02:27.630 as seen with the UAE, 53 00:02:27.630 --> 00:02:30.780 unifying food, water, and environmental mandates 54 00:02:30.780 --> 00:02:34.980 under the UAE's Ministry of Climate Change and Environment. 55 00:02:34.980 --> 00:02:39.000 Two, forge robust financial ecosystems, 56 00:02:39.000 --> 00:02:40.680 blending sovereign wealth, 57 00:02:40.680 --> 00:02:44.940 grants, and private capital to scale innovation. 58 00:02:44.940 --> 00:02:47.880 Three, cultivating strategic clusters 59 00:02:47.880 --> 00:02:50.190 focusing on food and water. 60 00:02:50.190 --> 00:02:53.940 Co-locating stakeholders across the value chain can enable 61 00:02:53.940 --> 00:02:57.300 rapid R&D and accelerate deployment. 62 00:02:57.300 --> 00:03:01.050 Saudi Arabia's NEOM Agri-Food Tech Accelerator, 63 00:03:01.050 --> 00:03:03.630 which connects innovators with corporates 64 00:03:03.630 --> 00:03:07.290 and investors, is a great example of this. 65 00:03:07.290 --> 00:03:11.970 Four, leverage the private sector to scale technologies. 66 00:03:11.970 --> 00:03:14.970 The UAE'S Food Innovation Hub was launched 67 00:03:14.970 --> 00:03:19.860 to drive scalable solutions to arid climate food security, 68 00:03:19.860 --> 00:03:21.720 and circular supply chains. 69 00:03:21.720 --> 00:03:24.090 The hub brings the public, private, 70 00:03:24.090 --> 00:03:28.140 and academic institutions together to foster partnerships 71 00:03:28.140 --> 00:03:31.890 that empower the private sector at every stage, 72 00:03:31.890 --> 00:03:36.390 converting system barriers into scalable opportunities. 73 00:03:36.390 --> 00:03:39.480 Five, upskilling the value chain 74 00:03:39.480 --> 00:03:42.030 and bolster consumer acceptance. 75 00:03:42.030 --> 00:03:45.600 The transition to green food-water systems 76 00:03:45.600 --> 00:03:49.527 hinges not only on technological innovation, 77 00:03:49.527 --> 00:03:52.470 but also on aligning producers' incentives, 78 00:03:52.470 --> 00:03:56.490 capabilities across the value chain, and consumer trust. 79 00:03:56.490 --> 00:03:57.750 In the future, 80 00:03:57.750 --> 00:04:02.130 heading towards Beyond Net Zero, the Middle East is showing 81 00:04:02.130 --> 00:04:04.980 how resilience, sustainability, 82 00:04:04.980 --> 00:04:08.250 and growth can go hand in hand. 83 00:04:08.250 --> 00:04:11.640 It's building food security, water stewardship, 84 00:04:11.640 --> 00:04:14.880 and economic opportunities at the same time. 85 00:04:14.880 --> 00:04:17.400 These are not one-off projects. 86 00:04:17.400 --> 00:04:19.280 They are models for the world. 87 00:04:19.280 --> 00:04:21.960 If deserts can grow food, 88 00:04:21.960 --> 00:04:23.981 what's stopping the rest of us? 89 00:04:23.981 --> 00:04:26.172 (uplifting music) 90 00:04:26.172 --> 00:04:29.520 Investing in food means investing in water, 91 00:04:29.520 --> 00:04:33.548 and investing in both is investing in the future.