THE CLIMATE KELPIE BLOG: Climate a focus in AIA’s strategic plan

Posted by BCG on 27th June 2022

Agricultural Innovation Australia Ltd (AIA) has released its inaugural Strategic Plan, detailing how it will drive crosssectoral collaboration and leverage public and private sector investment to target transformational innovation for Australian agriculture, fisheries and forestry. 

Sam Brown, AIA CEO, said: “AIA enables the Rural Research and Development Corporations (RDCs) to collectively invest in these areas and take a whole of sector approach to innovation which, ultimately, delivers greater value to their levy payers and industries.”  

Climate a focus 

The company has already identified three programs of work to address climate resilience and adaptation, which have attracted investment and collaboration commitments from the RDCs. 

“A variable climate poses both significant challenges and opportunities for farmers, fishers and foresters. We are currently working with the RDCs and other partners to develop solutions which will help them better understand the short-term risks as well as build long-term resilience through adaptation. 

“At the core of our plan is delivering value to growers, value chain enterprises and investors, by exploring new and different approaches to agricultural innovation,” Mr Brown said. 

Priority areas 

In addition to climate, AIA’s plan identifies seven other priority areas across agriculture, fisheries and forestry that it aims to address, including biosecurity, sustainability, traceability, natural resource management, energy, waste and circular economy, and digital and data. 

“The Australian agricultural innovation system needs to engage in a more effective, coordinated way with the private sector to encourage and target investment at scale in these priority areas. Our plan outlines the role AIA will play in helping to streamline co-investment and encourage greater collaboration across the broader innovation ecosystem,” Mr Brown said. 

Margo Andrae, CEO of Australian Pork Limited, said it is exciting to see AIA’s plan challenging traditional R&D models. 

“The RDCs set AIA up as an independent company, with the scope and scale to be able to approach agricultural innovation in a totally new way. AIA is uniquely placed to bring the right people and investors together, to solve Australian agriculture’s increasingly complex challenges. 

Established by Australia’s 15 RDCs, AIA facilitates joint investment and collaboration in agricultural issues of national importance. 

For more information visit:

https://www.aginnovationaustralia.com.au

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