SINGAPORE, April 21 — When Singaporeans buy homegrown produce, even if it costs more, they are “co-investing in the country’s food resilience in the future”, Ms Grace Fu said.
Climate change, geopolitical tensions, disease outbreaks and inflation will place increasing pressure on food sources and cause “volatility” in food production, she said.“This is about buying insurance against systemic food supply disruption, so that future generations are in a better place with food security,” she said.
The producers here give the F&B industry certainty in supply and quality and reduce the vagaries caused by extreme weather events. This is seen in the country’s approach to coastal protection, which is another multi-generational task that requires long-term investments in adaptation solutions and capacity building through research and development.