The World Economic Forum (WEF) is bringing together a network called ‘Food Innovation Hubs‘, to strengthen local innovation ecosystems and achieve self-sufficiency in food production through private-public partnerships (PPP).
Key points
- The hubs are coming up in Columbia, Vietnam, the United Arab Emirates and the European Union, while efforts are on to set up in Kenya and Rwanda.
- WEF has signed pact with Madhya Pradesh to promote agri innovations through PPPs.
What are Food Innovation Hubs?
- Food Innovation Hubs are a multistakeholder, precompetitive and market-based partnership platform aimed at strengthening local innovation ecosystems to sustainably scale innovative solutions for food systems transformation.
- Food Innovation Hubs are the next phase of the World Economic Forum’s Innovation with a purpose platform and a flagship initiative of the Forum’s Food Action Alliance.
- The Food Innovation Hubs are founded by partners from governments, private sector, innovators, entrepreneurs, farmer organizations, civil society, international organizations and others.
- The Hubs are designed locally to address the needs of the local food system to: Foster and cultivate food systems innovation, Support delivery and adoption of innovations at scale and Develop a community of practice to share learnings and build capacity.