University:
University of the People
Course:
BUS 5115 | Business Law, Ethics and Social Responsibility
Academic year:

2020
Views:

60

Pages:

1
Author:

grosikesf4

Global Business Climate change is an on going topic that continues to affect many countries in the world. We can see that climate change is something that has had an affect on land temperatures and we can also see that it has been making agriculture difficult to overcome. Climate change has been causing main crops to grow at a slower rate and foods like rice have been impacted by the rising temperatures around the country. Egypt already has high temperatures and is considered to be a place that is ultimately dry. With this going on in Egypt, the increase of food pricing is something that can have an affect on the people due to climate change. In order to help fix this problem Egypt needs to implement vertical farming. Vertical farming is known for growing produce in vertically stacked layers. This specific technology can allow crops to be grown in hydroponic as well as aeroponic methods. An organization that can offer us this emerging technology is a company called Urban Greens. Normally vertical farming helps produce different types of food in so-called challenging environments. This new method allows many towns and cities grow a numerous amount of crops under counterfit temperature and light. Vertical farming is a technology that can end up being costly upfront but the long term profits will help make up for the losses in the beginning process. The reasoning for costly prices is due to the amount of energy it uses. Normally, small vertical farms spend an average of $3.45 per square foot on energy while large vertical farms spend an average of $8.02 per square foot. Small farms are facilities smaller than 10,000 square feet, while large farms are anything bigger than that. This technology can help the growth of Egypt at an exponetial rate within its nation. It can bring opportunities simply because it creates jobs for the people who are in need of work. A local vertical farming company in Egypt that we can partner with is called Eden Green. Eden can help us establish our vertical farming stations because of its location. Vertical farming is being identified as a solution to climate change that is happening in egypt.