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Increasing the Resilience of the Food Systems

In Islamic States in Face of Future Food Crises

151

larger sum of $6.4 billion on R&D, often in close partnershipwith universiti es.

592

An equivalent

institution focused on commercialization for the OIC will ensure recommendations are actually

implemented properly.

The IOFS could manage any commercially viable projects, based on recommendations and

imperatives from SESRIC and COMCEC.

For each project, IOFS could seek funding both funding from the government, private sources,

and the IslamicDevelopment Bank and could work with stakeholders to ensure the delivery of

commercial ventures as self-sustaining businesses and work with OIC entities to build a

seamless project implementation process. The IOFSwould alsoplay an important role in helping

OIC countries to improve their food system stability scores and improve their opportunities to

trade with other OIC Member Countries, a potentially lucrative opportunity.

The IOFS could work closely with OIC member states and their academic institutions to enable

multi-country collaborative projects. An example of such a study is the commercial development

of grain storage facilitates in OIC countries, the practical eradication of aflatoxin, and the

implementation of vertical farming initiatives.

Another area of development important for IOFS is in promoting clusters of activity that

leverage the strengths of individual member countries. For example, projects that pair an

agricultural producer in the OIC, such as Sudan, with a member country that can process raw

materials and distribute them throughout the OIC—such as the UAE—in important sectors, like

meat-based snacks and meals. By promoting cross-collaboration, the IOFS can facilitate exports

for multiple OIC countries.

Table 78: Potential Projects

Area

Project Description

Potential Commercial Partners

Spray

Dryers

Feasibility study and development for spray dryers to

lengthen life of OIC-sourced agricultural produce

Kerry Group (Food company)

Blockchain

Evaluation and implementation for establishing an OIC-

wide food provenance system

OneAgrix (Halal and Ethical

blockchain trading system)

Grain

Storage

Storage gap analysis and grain storage development

Cargill (Diversified food products

manufacturing)

Food

Wastage

Enhancing shelf life of fruit and vegetable produce

Hazel technologies (agricultural

technology company)

Source: DinarStandard Analysis

592

"Agricultural Research Funding in the Public and Private Sectors." USDA ERS - Agricultural ResearchFunding in the

Public and Private Sectors. February 15, 201

9. https://www.ers.usda.gov/data-products/agricultural-research-funding-in- the-public-and-private-sectors/