The Solar Impulse Foundation has mandated FINANCE FOR IMPACT to assess an ultra-high AI-powered precision sprayer enabling the ultra-targeted application of herbicides, fungicides, insecticides, or fertilizers.
Today, agriculture heavily relies on fertilizers to meet the demand of the agri-business sector, and this trend cannot be fully reversed. Fertilizers give plants essential nutrients, including phosphorous, potassium, and nitrogen. Nitrogen is linked to photosynthesis, turning sunlight into energy, and growing crops. Unfortunately, there isn’t a practical zero-carbon alternative to fertilizer right now. Although the need for decreasing reliance on fertilizers has been exhaustively evidenced, overuse of chemical fertilizers still leads to an upset in the nitrogen cycle and, consequently, to surface water and groundwater pollution. Therefore, applying fertilizer in just the right amount gives the AI-powered precision spraying solution a significant comparative advantage over existing spraying technologies.
FINANCE FOR IMPACT will review this innovation's technical and commercial merits and provide recommendations on scaling up investments in this sector.
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FINANCE FOR IMPACT is a sustainable finance advisory firm. It guides organizations to deliver on their sustainability commitments.