September 30, 2021 - 3:30 pm
September 30, 2021 - 5:00 pm
National Research Programme on Plantation Development Webinar Series
Webinar by Dr. Lekshmi Nair, Chief Economist at the International Rubber Study Group, Singapore
Climate Change and Sustainable Production and Consumption of Natural Rubber in India: Introspect and Prospect
Abstract: Climate change can be detrimental to trade and development. The performance of the agriculture sector has been negatively affected by climate change and natural disasters, which have increased vulnerability of states and individuals. Plantations of all major tropical commodities are expanding quickly, creating opportunities for development while also raising concerns on the environment, social and economic sustainability. Natural rubber is an interesting example in the perspective of achieving sustainability goals being a strategic commodity that support transportation and new forms of mobility and its production originates from millions of small farmers. New sustainability concerns led to emergence of sustainability standards to monitor production practices and communicate sustainability efforts which in turn became a tool for governments, businesses, and financial institution to mitigate portfolio risks. Drawing from country experiences, model of India as a major consumer and producer, a sustainable rubber development in collaboration with various stakeholders stand a case for inclusive, fair, and resilient growth addressing the much-needed net-zero commitments and circular economy plans.
Lekshmi Nair is currently Head of Economics and Statistics at the International Rubber Study Group, Singapore. She has extensive experience in commodity research and in the rubber industry. She represents IRSG in multistakeholder commodity dialogues, ISO/TC 45 meetings, and discussions on sustainability standard and trade at the national and global levels. She holds a PhD in Economics from SOAS and alumnus of the University of London and the Cambridge University. Prior to joining IRSG, she has research and academic association with the University of London, the Australian National University and the Ministry of Commerce and Industry, Government of India.