KNOWLEDGE BASE RESOURCE

What's Cooking: Digital Transformation of the Agrifood System

Published by: World Bank Group

Authored by: Kateryna Schroeder, Julian Lampietti, and Ghada Elabed

Publication Date: March 16, 2021

The digital agriculture revolution holds a promise to build an agriculture and food system that is efficient, environmentally sustainable, and equitable, one that can help deliver the Sustainable Development Goals. The change is driven by the ability to collect, use, and analyze massive amounts of machine-readable data about practically every aspect of the value chain, and by the emergence of digital platforms disrupting existing business models. The success of the digital transformation, however, is not guaranteed as the risks it brings are numerous, including those related to data governance and inadequate competition within and between digital platforms. 

This report investigates how digital technologies can accelerate the transformation of the agrifood system. It also identifies a key role for the public sector in maximizing the benefits of this process while minimizing its risks, through enabling an innovation ecosystem featuring open datasets, digital platforms, digital entrepreneurship, digital payment systems, and digital skills and encouraging equitable technology adoption.


Research Detail
What's Cooking: Digital Transformation of the Agrifood System
Published by: World Bank Group
Authored by: Kateryna Schroeder, Julian Lampietti, and Ghada Elabed
Publication Date: Mar 16th, 2021