Predict
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Predict

Global Food Crisis | Climate Change | Hunger: Agricultural Subsidy Raffle for Food Security

Wheat fields, midsummer, 2012, Lviv, Ukraine via Raimond Spekking

More than 800 million people around the world are at risk of food insecurity with about 44 million living with hunger. There are efforts for global food security but in the short term, a different approach may apply, especially for the most vulnerable places.

Inflation, energy costs, climate change and the global food crisis have deepened economic uncertainty and stability anxiety in several countries. Shortages abound. Hopes of respite, in some places, are slight amid lack of action.

This presents an opening for extended possibilities in the interim, for food availability within national borders with an unconventional method: subsidies by raffle draws. The objective is for them to have one really cheap or almost free crop, to make the slump better accommodated, rather than be totally exposed to import shortages and low production.

In many countries, there are at least five agricultural necessities: seeds, irrigation, fertilizers, farm machinery and transport to market. Transport to market may be extended to transport from ports or import costs.

For some of the staple crops in any country, which of these five would have the most effect to lower prices for the lowest income group for up to 6 months?

Such that if provided to farmers or those in the value chain, they can discount their prices to make many afford that produce, even if other crops are out of reach?

How can this be done sustainably, from a contribution system, within a state, region, country or a small bloc?

Contribution System : Income Path

People will buy a raffle ticket to win food items. Raffle draw for a token, not a lottery, but a fundraising raffle draw — something practiced to support a cause or improve a public project or used by some organizations to make determinations for their giveaways.

There would be national and regional draws in this agricultural raffle, so the national one is so cheap, but win ratio is lower, but the regional or state one is a bit more, but the win ratio is higher.

Winners would win locally sourced products and be shipped to them via e-commerce delivery channels. The draws could be 3 times a week, growing revenues and wins.

Subsidies

Most of the profits of this raffle tokenization will be used to subsidize one — or more — of those five agricultural necessities, as determined by the agricultural decision makers in the country, to be directed to one crop — or at most two — where they know would be cheapest, as staple consumptions in that area or region.

Parts of the profit would also be directed towards reforestation, to give those farmers one — or more — of the five, that they can also plant trees to mitigate climate change. For some countries with lack of access to water, the irrigation part of the five may also be prioritized so they also use this as an advantage.

Regulation

Regulation for this raffle would be strict, not to be flooded quickly and abused as some may not see the objective but corporate gain. This could be done by a consortium, providing services, publishing revenues, accounting for subsidies provided, publicly stating what part is their responsibility — with thorough transparency because it is everyone’s capital.

In some countries or regions this may work well, in many others it will be started, become disorganized and counterproductive, if they decided to use it continuously.

The key to making it work in most places will be the effective end of it, approved for at most 6 months, no more.

There could be renewed terms, but there must be a known end that whatever complications fester, it can be suspended after that term.

It is NOT the solution to the food crisis. It is a path in the interim to make some progress — especially for badly hit places.

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