Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability

Given the central role that agriculture plays in the rural economy in developing countries, governments have implemented supply- and demand-side policies and programs to promote sustainable fertilizer use yielding mixed results. Policies typically have not addressed hurdles to fertilizer uptake eman...

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Autores principales: Torero, Máximo, Hernandez, Manuel A.
Formato: Brief
Lenguaje:Inglés
Publicado: T20 Argentina 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/145618
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author Torero, Máximo
Hernandez, Manuel A.
author_browse Hernandez, Manuel A.
Torero, Máximo
author_facet Torero, Máximo
Hernandez, Manuel A.
author_sort Torero, Máximo
collection Repository of Agricultural Research Outputs (CGSpace)
description Given the central role that agriculture plays in the rural economy in developing countries, governments have implemented supply- and demand-side policies and programs to promote sustainable fertilizer use yielding mixed results. Policies typically have not addressed hurdles to fertilizer uptake emanating from highly concentrated fertilizer markets and the related lack of competitive pricing behavior among fertilizers producers and distributors. Fertilizer production worldwide is dominated by few producers. Most developing countries, especially in Africa, rely almost exclusively on imported fertilizer. Locally, fertilizer distribution channels are also characterized by a small number of market actors and poor dealer networks. As a result, fertilizers tend to be expensive and/or difficult to access for many farmers, limiting uptake. The G20 could play a transformative role in improving poor farmers’ access of fertilizers through three main channels: (1) establish a G20-led Global Task Force to Promote Fertilizer Trade and Uptake in developing countries, with special emphasis on Africa; (2) promote the formation of a consortium of multilateral and regional development banks for the creation of a financing facility for investments in new fertilizer plants to increase market competition and reduce fertilizer cost; and (3) mobilize financial support for the elaboration of open-access, detailed soil maps that identify soil classes and soil properties.
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spelling CGSpace1456182024-10-25T07:59:47Z Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability Torero, Máximo Hernandez, Manuel A. fertilizers land productivity fertilizer industry soil soil fertility capital market sustainability fertilizer application agriculture productivity developing countries Given the central role that agriculture plays in the rural economy in developing countries, governments have implemented supply- and demand-side policies and programs to promote sustainable fertilizer use yielding mixed results. Policies typically have not addressed hurdles to fertilizer uptake emanating from highly concentrated fertilizer markets and the related lack of competitive pricing behavior among fertilizers producers and distributors. Fertilizer production worldwide is dominated by few producers. Most developing countries, especially in Africa, rely almost exclusively on imported fertilizer. Locally, fertilizer distribution channels are also characterized by a small number of market actors and poor dealer networks. As a result, fertilizers tend to be expensive and/or difficult to access for many farmers, limiting uptake. The G20 could play a transformative role in improving poor farmers’ access of fertilizers through three main channels: (1) establish a G20-led Global Task Force to Promote Fertilizer Trade and Uptake in developing countries, with special emphasis on Africa; (2) promote the formation of a consortium of multilateral and regional development banks for the creation of a financing facility for investments in new fertilizer plants to increase market competition and reduce fertilizer cost; and (3) mobilize financial support for the elaboration of open-access, detailed soil maps that identify soil classes and soil properties. 2018-09-26 2024-06-21T09:04:45Z 2024-06-21T09:04:45Z Brief https://hdl.handle.net/10568/145618 en Open Access T20 Argentina Torero, Maximo; and Hernandez, Manuel. 2018. Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability. T20 Argentina: Food Security and Sustainable Development Task Force Brief. https://www.g20-insights.org/policy_briefs/promoting-competition-in-the-fertilizer-industry-and-efficiency-in-the-fertilizer-use-to-improve-land-productivity-and-sustainability/
spellingShingle fertilizers
land productivity
fertilizer industry
soil
soil fertility
capital market
sustainability
fertilizer application
agriculture
productivity
developing countries
Torero, Máximo
Hernandez, Manuel A.
Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title_full Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title_fullStr Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title_full_unstemmed Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title_short Promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
title_sort promoting competition in the fertilizer industry and efficiency in the fertilizer use to improve land productivity and sustainability
topic fertilizers
land productivity
fertilizer industry
soil
soil fertility
capital market
sustainability
fertilizer application
agriculture
productivity
developing countries
url https://hdl.handle.net/10568/145618
work_keys_str_mv AT toreromaximo promotingcompetitioninthefertilizerindustryandefficiencyinthefertilizerusetoimprovelandproductivityandsustainability
AT hernandezmanuela promotingcompetitioninthefertilizerindustryandefficiencyinthefertilizerusetoimprovelandproductivityandsustainability