6th Annual Plantation Management 4.0 | 24th - 25th May 2023 | PARKROYAL COLLECTION Kuala Lumpur, Malaysia

OVERVIEW

Agriculture is a major contributor to the climate change issue with 19% – 29% of total greenhouse gases emitted from this sector with methane levels in the air being at its highest. This also works in reverse; if stakeholders are negligent to what climate change brings, they will experience drops in crop yield & soil fertility & leaving plantations exposed to pathogens & diseases. A study conducted by NASA has predicted declines of up to 24% in global production of maize that as early as 2030, if measures aren’t taken soon.

With the inevitable effects of climate change lingering ahead there has been a higher demand for sustainable agriculture to counter the ever rising amount of methane & CO2 emissions each year. Sustainable agriculture is the way forward! Stakeholders and farmers will need to adapt to rapidly advancing technologies or risk facing huge losses in productivity and materials. An article in July 2022 by Free Malaysia Today (FMT) stated that losses from unpicked oil palm fruits was at a staggering USD2.35 billion. The adoption of sensors, IoT & Big Data will not only provide a boost to the overall efficiency of the agricultural industry but also help build the groundwork for improved sustainable development & reduced labour inputs and risks in stocks. A report by McKinsey suggests that stakeholders can tack on an additional value of USD500 billion to the global gross domestic product by 2030 if they leverage IoT & AI technologies now.