- Supply Chain Resilience Projects in the Indo-Pacific region
n addition to various restrictions on the movement of factors of production and changes in industrial structure brought about by the new coronavirus, an increase in natural disasters due to climate change, and various regulations and barriers to trade, technology, investment, and movement of people due to the struggle for supremacy between the U.S. and China, the digitalization of the economy and the shift to services represented by the 4th Industrial Revolution are proceeding at breakneck speed in parallel with these changes. In parallel with these changes, the digitalization of the economy and the shift to services, represented by the Fourth Industrial Revolution, are progressing at a breakneck speed, and there are strict demands for decarbonization.
In response, the Ministry of Economy, Trade and Industry (METI) has decided to promote risk visualization and data linkage using digital technology, as well as business environment development to incorporate new hubs into supply chains, and has launched a series of initiatives by businesses to realize supply chain resilience in the Indo-Pacific region (Supply Chain The subsidy is intended to promote supply chain resilience by subsidizing a portion of the costs for the initiatives of businesses in the Indo-Pacific region (visualization of supply chains, advancement of logistics, facilitation of trade procedures, demonstration for diversification of production bases, business feasibility studies, human resource development, etc.). （The subsidy project (hereafter referred to as “the Project”) will be implemented in order to promote supply chain resilience by subsidizing a part of the cost of the project (such as feasibility studies or human resource development). (Adapted from the Japan Machinery Federation website: http://www.jmf.or.jp/intro/iinkai/2914.html.)
- Sagri Initiatives: Supply Chain Resilience Project for Chemical Fertilizers and Decarbonization in the Indo-Pacific Agriculture Sector
The background of this project is that Japan relies heavily on imports of chemical fertilizers, and procurement costs are increasing due to export restrictions in other countries and soaring global prices of chemical fertilizers as a result of the situation in Russia and Ukraine.
Even under such circumstances, in order to achieve Japan’s greenhouse gas reduction targets, it is necessary to quickly export technologies that will contribute to the realization of a decarbonized society and to build relationships for emissions trading.
In this project, Sagri will use satellite data and machine learning to automatically plot farmland and assess the amount of nitrogen in the soil. We will reduce N2O (nitrous oxide) emissions through optimal fertilizer application design in farmland. The private sector will then take the lead in evaluating the reductions and converting them into carbon credits.
Specifically, chemical fertilizers will be reduced in fields in India and Thailand, and the amount of GHG reductions corresponding to the reduced fertilizer will be calculated, and those GHG reductions will be evaluated based on the private-sector-led credit system to determine whether the data is conducive to carbon offset trading. Based on the evaluation, we will confirm whether the data on GHG reductions from agriculture can be used for carbon offset transactions for companies in India, Thailand, Australia, and Japan.
- Details of the project by Sagri
We will deploy the system we have developed to agricultural cooperatives, which will use the farm management information obtained from the system to provide farm management and optimal farm management information and materials to their farm leaders. In addition, the field and customer management system will be used to input data on each field and farmer, as well as soil analysis data conducted on some fields by latitude and longitude. This information will be utilized as teacher data and test data for soil chemistry evaluation using satellite data provided by Sagri, so that farmers can design optimal fertilizer application for each field based on highly accurate soil analysis data, thereby reducing the amount of chemical fertilizers used and promoting the use of organic materials, and these activities will also help to The amount of greenhouse gases absorbed by each farmland reported by farmers can be evaluated and converted into carbon credits.
- About Sagri
Sagri is a startup company founded in Hyogo Prefecture, Japan in June 2018, and in June 2021 announced a total of 155 million yen in funding from real-tech funds and other investors. It also became the first investment in the Hyogo Kobe Startup Fund. certified as a university-launched venture in agriculture, forestry, and fisheries technology by the Ministry of Agriculture, Forestry, and Fisheries in 2021, and selected as a J-Startup-KANSAI by the Kinki Bureau of Economy, Trade and Industry. The company received the Business Concept Award at the Ministry of the Environment’s Startup Awards and was selected as a Toyo Keizai 2021 Amazing Venture. In addition, it was recognized as a Gifu University Venture by Gifu University, Tokai National University Organization.
- About Satoshi Nagata, CSO of Sagri Bengaluru Private Limited
Sagri Bengaluru Private Limited CSO Satoshi Nagata
After graduating from the School of Political Science and Economics at Waseda University, he joined Tokio Marine & Nichido. After working for Tokio Marine & Nichido, he joined a human resources-related start-up.He was engaged in strategic planning and recruitment support for venture companies. Later, he joined Yusen Logistics in Bengaluru, as Head of Japanese Corporate Sales, August 2017. In April 2019, he joined SAgri as an expat for India business assignment in Bengaluru and he is engaged in partner development, recruitment, organizational structure building, alliances and business development.
- Sagri contact for this purpose