Nedbank employs innovative solutions to grow agricultural sustainability
Shade netting is a sustainable cover protecting horticultural crops from hazardous elements. The use of shade netting improves the performance of underperforming orchards, acts as protection against natural hazards such as hail, high wind speeds, frost, sunburn and birds, prevents cross-pollination (seedless cultivars remain seedless) and improves water use efficiency by 25%, resulting in the better handling of droughts and water restrictions.
Nedbank has developed a shade netting finance solution to assist farmers to protect their margins and states that:
"As climate change continues to impact on the planet, especially in agriculture, the need for innovative solutions to mitigate, ensuring food security, is key to the sustainability of the sector. The agriculture sector is mindful of climate change and concerned about the impact on margins by natural hazards. As money experts committed to doing good, we listened to the concerns of our clients and came up with a solution that can help."
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