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Why the agrifood tech investment bubble could burst - or succeed
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This article was originally published o The Land
Opinion | Jonathon Quigley
Food production systems had an extraordinary moment in the sun at the end of last year.
Agriculture was called out for the first time at COP 28; a new Australian Cooperative Research Centre for Zero Emissions in Agriculture opened its doors with an unprecedented $87 million of federal funding; and the Department of Agriculture, Fisheries and Forestry's first consultation on emissions in agriculture was extended to accommodate the flood of responses.
Global investment in agrifood tech increased more than tenfold in the past decade, from $3 billion 10 years ago to around $30 billion today. With such strong tailwinds, 2024 is bound to be a bumper year, and this brings both opportunity and risk.
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