WEBVTT 00:00:09.640 --> 00:00:10.960 - Well, thanks for coming in, Joe. 00:00:10.960 --> 00:00:12.480 Great to see you. 00:00:12.480 --> 00:00:14.440 So we'd love to hear a little bit more about 00:00:14.440 --> 00:00:15.920 what Victory Farms is. 00:00:15.920 --> 00:00:18.320 - Victory Farms is a vertically integrated 00:00:18.320 --> 00:00:21.000 protein business, focusing on fish. 00:00:21.000 --> 00:00:24.280 The protein gap and the nutrition deficit 00:00:24.280 --> 00:00:28.920 in Sub-Saharan Africa is substantial and climbing rapidly. 00:00:29.800 --> 00:00:32.520 We started Victory Farms with the mission 00:00:32.520 --> 00:00:35.640 to create a sustainable solution through aquaculture 00:00:35.640 --> 00:00:37.240 and through the deployment of technology, 00:00:37.240 --> 00:00:40.240 talent, and capital to create a scalable solution 00:00:40.240 --> 00:00:42.240 that can really address that growing gap. 00:00:43.920 --> 00:00:45.960 - Why aquaculture, specifically? 00:00:45.960 --> 00:00:48.280 - Aquaculture has the potential to not only 00:00:48.280 --> 00:00:52.000 be the primary source of protein for the 1 billion today, 00:00:52.000 --> 00:00:54.240 2 billion very soon, population. 00:00:54.240 --> 00:00:55.800 It also has the potential to be one 00:00:55.800 --> 00:00:57.440 of the greatest mitigants 00:00:57.440 --> 00:00:59.880 to climate change over the next 20 years. 00:00:59.880 --> 00:01:01.680 - Can you expand a little bit on 00:01:01.680 --> 00:01:05.360 why VF is an interesting climate solution? 00:01:05.360 --> 00:01:10.000 - How Africa feeds itself or imports food is going 00:01:10.000 --> 00:01:11.240 to be one of the biggest drivers 00:01:11.240 --> 00:01:13.520 of climate change in the next 20 years. 00:01:13.520 --> 00:01:16.840 Tilapia aquaculture, by the nature of the biology 00:01:16.840 --> 00:01:20.760 of the fish, is one of the most low intensity carbon options 00:01:20.760 --> 00:01:23.280 that we have to create animal protein. 00:01:23.280 --> 00:01:27.240 At the core of our ambition is to be the world's 00:01:27.240 --> 00:01:30.360 first truly regenerative aquaculture platform. 00:01:30.360 --> 00:01:32.600 We define it in two very simple ways. 00:01:32.600 --> 00:01:34.640 One is that we're carbon negative, 00:01:34.640 --> 00:01:36.680 all of our operations, 00:01:36.680 --> 00:01:39.480 and two, that we're biodiversity positive. 00:01:39.480 --> 00:01:42.240 Because we work with live animals it's especially important 00:01:42.240 --> 00:01:44.520 that we can demonstrate that the commercial farming 00:01:44.520 --> 00:01:47.520 of an animal doesn't have to result in the degradation 00:01:47.520 --> 00:01:49.520 or loss of other biodiversity. 00:01:49.520 --> 00:01:51.680 And we think that that can help become a link 00:01:51.680 --> 00:01:55.160 to how the industry can adapt so that food production 00:01:55.160 --> 00:01:57.880 through aquaculture is a net positive on biodiversity.