“The State of Biodiversity: Challenges, Solutions and Possibilities” – 2nd Webinar of the J-IIN Natural Capital Series (April 20,2023)

The second session of the Japan Impact Investment Network (J-IIN)’s Natural Capital Series will be held on Thursday, April 20, starting at 18:00 (JST).

 “The State of Biodiversity: Challenges, Solutions and Possibilities” will feature panelists who are active in cutting edge biodiversity initiatives and will discuss the potential of impact investment in the field of biodiversity and share their own perspectives from the field.


Registration link:
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Panelists:
– Ms. Debbie Saunders: Founder & CEO: Wildlife Drones – Providing real-time animal movement tracking and integration services using cutting-edge drone technology
– Ms. Rachel Lim: Impact Investment Analyst: Silverstrand Capital – Leading an accelerator program to support start-ups addressing the biodiversity crisis
– Mr. James Fitzsimons: Director of Conservation and Science: The Nature Conservancy Australia – Delivering results in conservation and regeneration in Australia


Our Natural Capital Series has three more events and will continue through the summer of 2023. Together with our partners at The Nature Conservancy (TNC), we will be inviting investors and companies, in addition to TNC teammembers working around the world to discuss critical issues in business and investment in natural capital. Our next three webinars will each focus on the challenges and opportunities on of the following areas: forest land, oceans, and agricultural and pastoral land.


June 2023: Challenges and investment opportunities in forest land
July 2023: Issues and investment potential in the ocean businesses and the growing Blue Economy
September 2023: Issues and business potential in agricultural and pastoral land

Check out Meros’ website and social media and the J-IIN LinkedIn page for updates on future events!


About J-IIN
Japan Impact Investment Network (J-IIN) focuses on supporting entrepreneurs and investors to build impactful, scalable business beyond Japan. Meros is a founding member of J-IIN.


J-IIN was created as a forum for entrepreneurs, investors and supporters of global business with impact to communicate frankly, exploring how global and domestic issues intersect.

Internationally, food and agriculture has attracted the most impact investment attention, but is a sector that has received much less attention in Japan. Meros works with our J-IIN colleagues to raise awareness of global trends in impact investment and business in agriculture and food in Japan and globally.



2023 Guide on Sustainable Management for Food Companies released by MAFF and available now

For the past two years, Meros’ Chisa Ogura has been a member of the expert advisory panel for research commissioned by the Ministry of Agriculture, Forestry and Fisheries (MAFF) to support ESG investment in  the Japanese food industry. The research itself was conducted by Mitsubishi UFJ Research and Consulting and was supported by a panel of experts invited by MAFF to provide guidance, including Ms Ogura as an expert in the Japanese food and agriculture industry, major food manufacturers such as Kirin and Meiji, as well as specialists in areas of ESG investing, such as biodiversity.

In March 2023, MAFF released the results of this research – a practical Guide on Sustainable Management for Food Companies, aimed at small and medium-sized food companies in Japan, as they prepare to further address ESG issues. The report is now available here for downloading (in Japanese):


2023 Guide on Sustainable Management for Food Companies

https://www.maff.go.jp/j/shokusan/fund/esgitakuR4.html

The guide covers a range of critical topics, including ESG issues for food companies, sustainable management, governance issues, GHG reduction, human rights, food loss, plastic-free, animal welfare, and biodiversity. The guide is a very useful first introduction to the subject, as it provides a comprehensive overview of key points and background material on these topics.

For each of these environmental and social issues, the report outlines the goals to be achieved, specific measures to be taken, information disclosure methods, and other relevant information. It is expected that major publicly listed food manufacturers, which are required to disclose information on ESG issues, will need to work together with their existing suppliers, who are primarily small and medium-sized companies, to raise the level of the industry as a whole to address ESG and sustainability issues.

The expert advisory panel provided advice on the overall direction of the guide, how to choose priority topics and how to put ESG investment into the context of the Japanese food industry. As the Guide itself was developed, Ms Ogura and the panel advised on the key points that need to be emphasized, especially to small and medium-sized companies, to encourage innovation along the entire supply chain. They also gave recommendations on what may best motivate SMEs in the food industry to implement ESG initiatives and monitor results.

The guide is intended to be used directly by the management and staff of small and medium-sized food companies so that the entire food industry, both major manufacturers and smaller companies, can cooperate more easily by having a better mutual understanding of the challenges and expectations.


This research and the resulting guide is part of MAFF’s goal of increasing sustainable procurement and management throughout the food industry, as outlined in the Ministry’s Green Food System Strategy that was launched in 2021. The Green Food System Strategy aims to improve both productivity and sustainability through innovation throughout the entire food supply chain.

Off to Colombia to support improving rice cultivation technology

After three years postponed by COVID19, Meros finally kicked off a long-awaited project in Colombia!

Meros is supporting the Japanese agricultural innovator Noshou Navi, together with the backing of Japan International Cooperation Agency (JICA), to transfer knowledge related to Japanese rice planting techniques to farmers in Colombia. We are also exploring the possibility of developing small-lot, high value-added premium rice products and conducting consumer activities to inspire more rice ‘fans’.

Our Meros teammembers Chisa Ogura and Hiroki Seki traveled to Bogota, Cali, Ibague, Espinal, and Saldaña in Colombia over two weeks in February and March.

To the team’s delight, they found that the Saldaña office of Federarroz, the national federation of rice farmers’ associations in Colombia, has already installed a Kubota rice transplanter from Japan and has begun researching mechanical transplanting!

The area we visited is wet paddy fields and many farmers plant by hand, but the number of workers willing to do transplanting by hand is decreasing. Also, wages are rising, so transitioning to transplanting by machine will be important in the near future.


Machine transplanting is also very effective in fighting red rice, an invasive weed. A BASF rice variety called Clearfield, which is herbicide tolerant, has been introduced, but even so, this has not been sufficient to defeat the red rice. Gabriel Garces, the researcher in charge of rice transplanting, told the Meros team that another benefit of machine transplanting, compared to hand-planting, is that machine transplanting reduces the amount of seed required by 30-40%. Machine transplanting also saves water, since the crop can be planted without needing to flood the field.


Rice transplanters made by Kubota, Japan’s largest agricultural machinery manufacturer, are popular for their durability and Colombian company Motomart is the local distributor. However, the challenge is that although normal maintenance can be performed, the supply of replacement parts, such as planting claws are not easily available and so major repair work cannot be done.

In addition to machine transplanting, Federraroz is experimenting with other new rice growing techniques. For example, they are looking into various methods of seedling cultivation, as currently the seedling boxes are not disinfected and dry seed is sown before germination. Adding these additional steps may be able to greatly improve seedling health and yield. We are sure that there are even more techniques and experience we can transfer from Japan!