| > 2. Amongst other measures taken, fertiliser and pesticide imports were reduced. Because of financial necessity, not as some "degrowth is good" initiative. In your reuters link seem to contradict your claim: "The dramatic fall in yields follows a decision last April by President Gotabaya Rajapaksa to ban all chemical fertilisers in Sri Lanka". It was officially rolled back after protests, but "only a trickle of chemical fertilisers made it to farms" so it sounds like supply lines acted as if they were still in place. > 1. Government which supported fertilizer imports through direct government spending and via reserve foreign currency holdings was unable to support either end of this policy: it had no capacity for funding imports and had rapidly diminishing foreign currency reserves. That doesn't seem like a great excuse for banning fertilizer, or an explanation for why after rollback of ban only a "only a trickle" of fertilizer was available. The claims in my source and reuters seems to be that the supply was not there, not that fertilizer prices were high. Do you have any source saying fertilizer was available at much higher cost? > https://www.vox.com/future-perfect/2022/7/15/23218969/sri-la... Regardless of competency in Sri Lankas governments execution they have been working with WEF on their sustainable farming goals for a while. This agenda seek to ban fertilizer, make us all eat bugs instead of meat and move to organic farming. Getting a high ESG score due to meeting sustainability goals grants benefits when getting loans, Sri Lankas is 98, so I share your intuition that a huge contributing factor is that they really need those loans due to long term mismanagement. As I've pointed out elsewhere other WEF sustainable farming aligned governments such as the Dutch have implemented very similar policies and as abruptly, triggering the same kind of large scale protests and dire outcomes:
https://www.dutchnews.nl/news/2022/07/ministry-figures-sugge... I am at this point taking WEF seriously, as real-world negative outcomes does not seem to stop implementation of their catastrophic tyrannical policies. |
According to one estimate, the president’s agrochemical ban was poised to save Sri Lanka the $400 million it was spending yearly on synthetic fertilizer, money it could use toward increasing imports of other goods. But Rajapaksa also argued that chemical fertilizers and pesticides were leading to “adverse health and environmental impacts” and that such industrial farming methods went against the country’s heritage of “sustainable food systems.”
And:
“Sri Lanka started subsidizing fertilizers in the 1960s and we saw that rice yields tripled,” says Saloni Shah, a food and agriculture analyst at the Breakthrough Institute, a US-based environmental nonprofit that advocates for technological solutions.
https://www.vox.com/future-perfect/2022/7/15/23218969/sri-la...
The goal was cost savings. It proved misled.
But again, the snowballing economic and fiscal crisis prompted the ban, rather than the other way around.