90-505: Crédit Agricole Group ( French: [kʁedit‿aɡʁikɔl] ), sometimes called La banque verte ( lit. ' The green bank ' , due to its historical ties to farming ), is a French international banking group and the world's largest cooperative financial institution . It is the second largest bank in France, after BNP Paribas , as well as the third largest in Europe and tenth largest in
180-787: A lord of the manor with a Roman Catholic church and priest. Thanks to the exchange with the Al-Andalus where the Arab Agricultural Revolution was underway, European agriculture transformed, with improved techniques and the diffusion of crop plants, including the introduction of sugar, rice, cotton and fruit trees (such as the orange). After 1492, the Columbian exchange brought New World crops such as maize, potatoes, tomatoes, sweet potatoes , and manioc to Europe, and Old World crops such as wheat, barley, rice, and turnips , and livestock (including horses, cattle, sheep and goats) to
270-417: A combination of labor supply and labor demand trends have driven down the share of population employed in agriculture. During the 16th century in Europe, between 55 and 75% of the population was engaged in agriculture; by the 19th century, this had dropped to between 35 and 65%. In the same countries today, the figure is less than 10%. At the start of the 21st century, some one billion people, or over 1/3 of
360-450: A fertilizer for crops. Ministry of Agriculture (France) The Ministry of Agriculture, Agrifood, and Forestry ( French : Ministère de l'agriculture, de l'agroalimentaire et de la forêt ) of France is the governmental body charged with regulation and policy for agriculture , food , and forestry . The Ministry's headquarters are in the Hôtel de Villeroy , at 78 Rue de Varenne in
450-465: A greater role and aided the most heavily exposed banks. A joint deposit guarantee fund was set up in 1935. The following year, Crédit Agricole provided additional support by financing wheat stocks through discounting when the National Cereals Board (ONIC) was established. The payment mechanisms used helped to make cheques and bank accounts more popular in the countryside. Between 1939 and 1945,
540-664: A hazardous industry, and farmers worldwide remain at high risk of work-related injuries, lung disease, noise-induced hearing loss , skin diseases, as well as certain cancers related to chemical use and prolonged sun exposure. On industrialized farms , injuries frequently involve the use of agricultural machinery , and a common cause of fatal agricultural injuries in developed countries is tractor rollovers . Pesticides and other chemicals used in farming can be hazardous to worker health , and workers exposed to pesticides may experience illness or have children with birth defects. As an industry in which families commonly share in work and live on
630-444: A high use of inputs (water, fertilizer, pesticide and automation). It is practiced mainly in developed countries. From the twentieth century onwards, intensive agriculture increased crop productivity. It substituted synthetic fertilizers and pesticides for labor, but caused increased water pollution, and often involved farm subsidies. Soil degradation and diseases such as stem rust are major concerns globally; approximately 40% of
720-484: A lack of training makes it harder for people with disabilities to get work, Crédit Agricole has set up work/study training programmes to enable people who have their high school diploma to receive post-secondary qualifications. The goal was to recruit more than 800 disabled persons between 2006 and end-2010, and by end-2009, more than 360 permanent contracts and 670 work/study contracts had been signed. Former Miss France runner-up Sophie Vouzelaud, who has been deaf from birth,
810-530: A non-voting member and a representative of the Works Council. The regional banks own 54% of Crédit Agricole S.A., which in turn holds 25% of their capital in the form of non-voting cooperative securities ( certificats coopératifs d'associés ). An internal debate is continually underway on striking a balance between growing activities that serve the regional banks directly and promoting businesses that lie outside their sphere. Institutional investors, particularly in
900-447: A positive note, the gender gap in access to mobile internet in low- and middle-income countries fell from 25 percent to 16 percent between 2017 and 2021, and the gender gap in access to bank accounts narrowed from 9 to 6 percentage points. Women are as likely as men to adopt new technologies when the necessary enabling factors are put in place and they have equal access to complementary resources. Agriculture, specifically farming, remains
990-404: A significant decrease in genetic diversity and resources among livestock breeds, leading to a corresponding decrease in disease resistance and local adaptations previously found among traditional breeds. Grassland based livestock production relies upon plant material such as shrubland , rangeland , and pastures for feeding ruminant animals. Outside nutrient inputs may be used, however manure
SECTION 10
#17328550366391080-485: A small area of forest is cleared by cutting and burning the trees. The cleared land is used for growing crops for a few years until the soil becomes too infertile, and the area is abandoned. Another patch of land is selected and the process is repeated. This type of farming is practiced mainly in areas with abundant rainfall where the forest regenerates quickly. This practice is used in Northeast India, Southeast Asia, and
1170-552: A year, or requiring irrigation. In all of these environments perennial crops are grown (coffee, chocolate) and systems are practiced such as agroforestry . In temperate environments, where ecosystems were predominantly grassland or prairie , highly productive annual farming is the dominant agricultural system. Important categories of food crops include cereals, legumes, forage, fruits and vegetables. Natural fibers include cotton, wool , hemp , silk and flax . Specific crops are cultivated in distinct growing regions throughout
1260-470: A yearly summit to discuss safety. Overall production varies by country as listed. The twenty largest countries by agricultural output (in nominal terms) at peak level as of 2018, according to the IMF and CIA World Factbook . Cropping systems vary among farms depending on the available resources and constraints; geography and climate of the farm; government policy; economic, social and political pressures; and
1350-439: A €5.9 billion rights issue to which all the regional banks subscribed to meet Basel II regulatory requirements. It also undertook a €5 billion programme of non-strategic asset disposals. At the end of 2008, the government decided to loan France's six largest banks €21 billion in two tranches, at an interest rate of 8%, to enable them to continue to play their role in the economy. Crédit Agricole did not take part in
1440-511: Is HECA's official ambassador. The regional banks help to promote the cooperative model locally through a variety of initiatives, such as the Perspectives Mutualistes conference series (Pau in 2006, Angers in 2007, Reims in 2008, Orléans in 2009), and by issuing special bank cards for stakeholders. The Board is made up of members elected by the annual general meeting, representatives of trade organisations, members elected by employees,
1530-489: Is a société anonyme . Crédit Agricole is one of the leading cooperative companies in the world. Through an association set up to promote the employment of people with disabilities within Crédit Agricole (HECA), the Crédit Agricole regional banks devote resources to the recruitment, integration and continued employment of disabled workers. Measures include workstation modifications, transport facilities and training. Since
1620-571: Is a hybrid of a Chilean and a North American species, developed by breeding in Europe and North America. The indigenous people of the Southwest and the Pacific Northwest practiced forest gardening and fire-stick farming . The natives controlled fire on a regional scale to create a low-intensity fire ecology that sustained a low-density agriculture in loose rotation; a sort of "wild" permaculture . A system of companion planting called
1710-626: Is both a cause of and sensitive to environmental degradation , such as biodiversity loss , desertification , soil degradation , and climate change , all of which can cause decreases in crop yield. Genetically modified organisms are widely used, although some countries ban them . The word agriculture is a late Middle English adaptation of Latin agricultūra , from ager 'field' and cultūra ' cultivation ' or 'growing'. While agriculture usually refers to human activities, certain species of ant , termite and beetle have been cultivating crops for up to 60 million years. Agriculture
1800-444: Is defined with varying scopes, in its broadest sense using natural resources to "produce commodities which maintain life, including food, fiber, forest products, horticultural crops, and their related services". Thus defined, it includes arable farming , horticulture, animal husbandry and forestry , but horticulture and forestry are in practice often excluded. It may also be broadly decomposed into plant agriculture , which concerns
1890-438: Is returned directly to the grassland as a major nutrient source. This system is particularly important in areas where crop production is not feasible because of climate or soil, representing 30–40 million pastoralists. Mixed production systems use grassland, fodder crops and grain feed crops as feed for ruminant and monogastric (one stomach; mainly chickens and pigs) livestock. Manure is typically recycled in mixed systems as
SECTION 20
#17328550366391980-492: The 7th arrondissement of Paris , adjacent to Hotel Matignon . Prior to 21 June 2012, the Ministry's remit was somewhat different; its full title was Ministry of Agriculture, Food, Fisheries, Rural Affairs and Spatial Planning ( French : Ministère de l'Agriculture, de l'Alimentation, de la Pêche, de la Ruralité et de l'Aménagement du territoire ). The regional directorates for food, agriculture and forests (DRAAFs) oversee
2070-494: The Indus Valley civilization . In China, from the 5th century BC, there was a nationwide granary system and widespread silk farming . Water-powered grain mills were in use by the 1st century BC, followed by irrigation. By the late 2nd century, heavy ploughs had been developed with iron ploughshares and mouldboards . These spread westwards across Eurasia. Asian rice was domesticated 8,200–13,500 years ago – depending on
2160-572: The Paleolithic , after 10,000 BC. Staple food crops were grains such as wheat and barley, alongside industrial crops such as flax and papyrus . In India , wheat, barley and jujube were domesticated by 9,000 BC, soon followed by sheep and goats. Cattle, sheep and goats were domesticated in Mehrgarh culture by 8,000–6,000 BC. Cotton was cultivated by the 5th–4th millennium BC. Archeological evidence indicates an animal-drawn plough from 2,500 BC in
2250-504: The Tigris and Euphrates rivers and a canal system for irrigation. Ploughs appear in pictographs around 3,000 BC; seed-ploughs around 2,300 BC. Farmers grew wheat, barley, vegetables such as lentils and onions, and fruits including dates, grapes, and figs. Ancient Egyptian agriculture relied on the Nile River and its seasonal flooding. Farming started in the predynastic period at the end of
2340-525: The Vichy regime imposed stricter state supervision on Crédit Agricole. Major financial developments also took place at this time, including the creation of the five-year note. To finance the post-war reconstruction and encourage the mechanisation of farming, CNCA stepped up deposit-taking to supplement the funds provided by the government. The regional banks opened many offices, with the total increasing from 1,000 in 1947 to 2,259 by 1967. In 1959, Crédit Agricole
2430-551: The goodwill on its balance sheet. Goodwill amounted to €17.7 billion in September 2012, well above the actual value. In early February 2013, the bank announced that it would book €3.8 billion in writedowns and costs – a record amount according to the media. In March 2014, the Crédit Agricole Group unveiled its medium-term strategic plan, which put the emphasis on retail banking, insurance and saving. Internationally,
2520-613: The molecular clock estimate that is used – on the Pearl River in southern China with a single genetic origin from the wild rice Oryza rufipogon . In Greece and Rome , the major cereals were wheat, emmer, and barley, alongside vegetables including peas, beans, and olives. Sheep and goats were kept mainly for dairy products. In the Americas, crops domesticated in Mesoamerica (apart from teosinte) include squash, beans, and cacao . Cocoa
2610-536: The organic movement . Unsustainable farming practices in North America led to the Dust Bowl of the 1930s. Pastoralism involves managing domesticated animals. In nomadic pastoralism , herds of livestock are moved from place to place in search of pasture, fodder, and water. This type of farming is practiced in arid and semi-arid regions of Sahara , Central Asia and some parts of India. In shifting cultivation ,
2700-484: The Act of 31 March 1899 instituted a commission within the Ministry for Agriculture to distribute the government advances between the regional banks, which were also created at this time. These cooperative entities brought together the local banks in their catchment area and acted as their clearing organisations . More and more local and regional banks were established from the turn of the century. Every region had at least one by
2790-667: The Act of 5 November 1894, which had the support of the Minister for Agriculture Jules Méline , paved the way for the creation of Crédit Agricole's local banks. The first local banks were set up by local elites, including agronomists, teachers, and property owners, with farmers playing a minority role. In the early years, business consisted exclusively of short-term loans provided as advances on harvests, enabling farmers to live more comfortably. Medium-term and long-term loans were added later, making it possible to buy equipment and livestock. The 1894 Act did not confer any financial advantages, and
Crédit Agricole - Misplaced Pages Continue
2880-528: The Amazon Basin. Subsistence farming is practiced to satisfy family or local needs alone, with little left over for transport elsewhere. It is intensively practiced in Monsoon Asia and South-East Asia. An estimated 2.5 billion subsistence farmers worked in 2018, cultivating about 60% of the earth's arable land . Intensive farming is cultivation to maximize productivity, with a low fallow ratio and
2970-547: The Americas. Irrigation , crop rotation , and fertilizers advanced from the 17th century with the British Agricultural Revolution , allowing global population to rise significantly. Since 1900, agriculture in developed nations, and to a lesser extent in the developing world, has seen large rises in productivity as mechanization replaces human labor, and assisted by synthetic fertilizers , pesticides, and selective breeding . The Haber-Bosch method allowed
3060-471: The Crédit Agricole group. The whole investment into Emporiki cost around €9 billion. The remaining Greek part was sold off to Alpha Bank for €1. Crédit Agricole also withdrew totally from Spanish bank Bankinter , resulting in a book loss of €193 million, and took a massive €600 million write-down on consumer credit, notably owing to difficulties in Italy. Furthermore, Crédit Agricole had to write down
3150-568: The Paleolithic Levant, 23,000 years ago, cereals cultivation of emmer , barley , and oats has been observed near the sea of Galilee. Rice was domesticated in China between 11,500 and 6,200 BC with the earliest known cultivation from 5,700 BC, followed by mung , soy and azuki beans. Sheep were domesticated in Mesopotamia between 13,000 and 11,000 years ago. Cattle were domesticated from
3240-630: The S.A. via a holding company, in turn the S.A. owned part of the subsidiaries of the group, such as LCL, the Italian network and the CIB unit. It is considered to be a systemically important bank by the Financial Stability Board . It was the title sponsor of the Crédit Agricole professional road cycling team from 1998 to 2008. Crédit Agricole has been designated as a Significant Institution since
3330-479: The Three Sisters was developed in North America. The three crops were winter squash , maize, and climbing beans. Indigenous Australians , long supposed to have been nomadic hunter-gatherers , practiced systematic burning, possibly to enhance natural productivity in fire-stick farming. Scholars have pointed out that hunter-gatherers need a productive environment to support gathering without cultivation. Because
3420-667: The UK and US, are not always at ease with this approach. The cooperative investment certificates of 15 regional banks, and the shares of Crédit Agricole S.A., the group holding company, are listed on the Paris stock exchange. Crédit Agricole S.A. is also a member of the Dow Jones , Euro Stoxx 50 , SBF 120 , Euronext 100 , ASPI Eurozone and FTSE4Good Index . Farming Agriculture encompasses crop and livestock production, aquaculture , and forestry for food and non-food products. Agriculture
3510-786: The United Nations (FAO) posits that the roles and responsibilities of women in agriculture may be changing – for example, from subsistence farming to wage employment, and from contributing household members to primary producers in the context of male-out-migration. In general, women account for a greater share of agricultural employment at lower levels of economic development, as inadequate education, limited access to basic infrastructure and markets, high unpaid work burden and poor rural employment opportunities outside agriculture severely limit women's opportunities for off-farm work. Women who work in agricultural production tend to do so under highly unfavorable conditions. They tend to be concentrated in
3600-517: The United States is roughly 1.7 times more productive than it was in 1948. Agriculture employed 873 million people in 2021, or 27% of the global workforce, compared with 1 027 million (or 40%) in 2000. The share of agriculture in global GDP was stable at around 4% since 2000–2023. Despite increases in agricultural production and productivity, between 702 and 828 million people were affected by hunger in 2021. Food insecurity and malnutrition can be
3690-530: The annual work-related death toll among agricultural employees is at least 170,000, twice the average rate of other jobs. In addition, incidences of death, injury and illness related to agricultural activities often go unreported. The organization has developed the Safety and Health in Agriculture Convention, 2001 , which covers the range of risks in the agriculture occupation, the prevention of these risks and
Crédit Agricole - Misplaced Pages Continue
3780-553: The available work force, were employed in agriculture. This constitutes approximately 70% of the global employment of children, and in many countries constitutes the largest percentage of women of any industry. The service sector overtook the agricultural sector as the largest global employer in 2007. In many developed countries, immigrants help fill labor shortages in high-value agriculture activities that are difficult to mechanize. Foreign farm workers from mostly Eastern Europe, North Africa and South Asia constituted around one-third of
3870-580: The central west coast and eastern central, early farmers cultivated yams, native millet, and bush onions, possibly in permanent settlements. In the Middle Ages , compared to the Roman period , agriculture in Western Europe became more focused on self-sufficiency . The agricultural population under feudalism was typically organized into manors consisting of several hundred or more acres of land presided over by
3960-468: The cultivation of useful plants, and animal agriculture , the production of agricultural animals. The development of agriculture enabled the human population to grow many times larger than could be sustained by hunting and gathering . Agriculture began independently in different parts of the globe, and included a diverse range of taxa , in at least 11 separate centers of origin . Wild grains were collected and eaten from at least 105,000 years ago. In
4050-656: The domestication of squash (Cucurbita) and other plants. Coca was domesticated in the Andes, as were the peanut, tomato, tobacco, and pineapple . Cotton was domesticated in Peru by 3,600 BC. Animals including llamas , alpacas , and guinea pigs were domesticated there. In North America , the indigenous people of the East domesticated crops such as sunflower , tobacco, squash and Chenopodium . Wild foods including wild rice and maple sugar were harvested. The domesticated strawberry
4140-534: The end of the 19th century, specifically to the Act of 1884 establishing the freedom of professional association, which authorised, among other things, the creation of syndicat agricoles (farm unions) and the foundation of local mutual banks. Société de Crédit Agricole was created on 23 February 1885 at Salins-les-Bains in the district of Poligny in the Jura region . It was the first of its kind in France. Drawing on this experience to promote lending to small family farms,
4230-504: The entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank . In the second half of the 19th century, French farmers struggled to obtain long-term, flexible, reasonably-priced credit. There were several attempts to set up farming banks, including Crédit Foncier de France in 1861, but none were successful. Crédit Agricole can trace its history back to
4320-596: The eve of the First World War . However, the government continued to provide three-quarters of the funding, and short-term lending still accounted for the lion's share of business despite the authorisation to issue long-term loans granted by the Acts of 29 December 1906 and 19 March 1910. With some regions becoming isolated owing to the War, the need for a central bank to regulate business became more apparent, especially as Crédit Agricole
4410-432: The farm itself, entire families can be at risk for injuries, illness, and death. Ages 0–6 may be an especially vulnerable population in agriculture; common causes of fatal injuries among young farm workers include drowning, machinery and motor accidents, including with all-terrain vehicles. The International Labor Organization considers agriculture "one of the most hazardous of all economic sectors". It estimates that
4500-513: The first retirement savings plans. At this time, many local bank directors were also directors of Groupama , an insurer from the farming sector. There was talk of a merger between the two, but this did not come to pass. On 18 January 1988, the CNCA Mutualisation Act came into force. CNCA was reincorporated into a public limited company, with a 90% stake sold to the regional banks and 10% to staff. Crédit Agricole became fully independent of
4590-430: The forests of New Guinea have few food plants, early humans may have used "selective burning" to increase the productivity of the wild karuka fruit trees to support the hunter-gatherer way of life. The Gunditjmara and other groups developed eel farming and fish trapping systems from some 5,000 years ago. There is evidence of 'intensification' across the whole continent over that period. In two regions of Australia,
SECTION 50
#17328550366394680-494: The government gave CNCA financial autonomy. Savings inflows no longer passed through the Treasury, and CNCA was now responsible for balancing the surpluses and deficits of the regional banks. The 1971 "Rurality Act" extended Crédit Agricole's potential financing sources to rural zones and to new types of customers, such as craftsmen and food producers. Lending to SMEs and mid-tier firms followed after. The Banking Reform of 1966 allowed
4770-598: The government, putting an end to the latter's practice of skimming off surplus funds. In 1990, Crédit Agricole lost the monopoly on granting low-interest loans to farmers and one year later, in 1991, the "normalisation" process was completed as it was allowed to begin financing large corporations. International expansion continued with the acquisition of stakes in Banco Ambrosiano Veneto in Italy in 1989 and Banco Espírito Santo in Portugal in 1991. Consolidation among
4860-422: The greater use of pesticides and fertilizers. Multiple cropping , in which several crops are grown sequentially in one year, and intercropping , when several crops are grown at the same time, are other kinds of annual cropping systems known as polycultures . In subtropical and arid environments, the timing and extent of agriculture may be limited by rainfall, either not allowing multiple annual crops in
4950-495: The group adopted the slogan "le bon sens près de chez vous" ("common sense close to home"). Crédit Agricole opened its first foreign branch, in Chicago , in 1979. The group's business diversification started in the 1980s. The Predica [ fr ] life insurance subsidiary was set up in 1986, while property & casualty unit Pacifica [ fr ] was created in 1990. The group expanded into bancassurance, offering
5040-450: The group decided to refocus on its core markets, starting with Italy, the group's second-largest market. The Crédit Agricole Group sold its Bulgarian subsidiary to Corporate Commercial Bank for €160 million. On 22 April 2014, Crédit Agricole S.A., Crédit Agricole Nord and Crédit Agricole Nord-Est announced that they would sell 50% of their stake in Crelan S.A., a Belgian bank created out of
5130-576: The group took a stake in the newly privatised Crédit Lyonnais , and acquired leading consumer finance company Sofinco . CNCA was listed on the stock market in 2001 under the name Crédit Agricole S.A. This gave the regional banks a listed vehicle through which to carry out major acquisitions. The group's acquisitions enabled it to strengthen its leadership in French retail banking , expand its position in corporate and investment banking and build up its international network of branches and subsidiaries. By now,
5220-643: The group was the number-one bank in France with 28% of the domestic market, the global number-two by revenues and number-ten by profits, according to Fortune magazine, and number-15 worldwide according to Forbes rankings. Although less negatively impacted than some rivals by the 2007–2008 financial crisis , when the interbank lending market seized up , Crédit Agricole was forced in January 2008 to sell its long-standing stake in Suez for €1.3 billion and then in May 2008 to organise
5310-441: The input of nutrients (fertilizer or manure ) and some manual pest control . Annual cultivation is the next phase of intensity in which there is no fallow period. This requires even greater nutrient and pest control inputs. Further industrialization led to the use of monocultures , when one cultivar is planted on a large acreage. Because of the low biodiversity , nutrient use is uniform and pests tend to build up, necessitating
5400-459: The local banks soon faced financial problems, such as a lack of capital and insufficient collateral from small farmers. It was not until 1897 that the government addressed these problems by requiring the Banque de France to fund Crédit Agricole through an endowment of 40 million gold francs and an annual fee of 2 million francs. A year later, the Act of 1898 resolved the collateral issues. Meanwhile,
5490-469: The lower yield associated with organic farming and its impact on global food security . Recent mainstream technological developments include genetically modified food . By 2015, the agricultural output of China was the largest in the world, followed by the European Union, India and the United States. Economists measure the total factor productivity of agriculture, according to which agriculture in
SECTION 60
#17328550366395580-409: The merger of Crédit Agricole Belgique and Centea, to Caisses coopératives belges by June 2015. In 2017, the group bought 3 small Italian banks. Crédit Agricole has a three-tier structure, comprising the local banks, the regional banks (and their branches and equity investments) and Crédit Agricole S.A. (and its subsidiaries). The local and regional banks are cooperative companies. Crédit Agricole S.A.
5670-603: The organisation to offer households the same products as those provided by competitors, including passbook accounts and home savings plans. The first subsidiaries were set up at the end of the 1960s to address the specific needs of CNCA: Union d'études et d'investissements (UI) was created in 1967 to make equity investments, followed by Segespar for asset management in 1968, and Unicrédit to grant loans to food producers in 1971. Crédit Agricole began distributing home purchase savings products from 1967, government-regulated mortgages from 1972 and first-time-buyer loans in 1977. In 1976,
5760-437: The philosophy and culture of the farmer. Shifting cultivation (or slash and burn ) is a system in which forests are burnt, releasing nutrients to support cultivation of annual and then perennial crops for a period of several years. Then the plot is left fallow to regrow forest, and the farmer moves to a new plot, returning after many more years (10–20). This fallow period is shortened if population density grows, requiring
5850-414: The poorest countries, where alternative livelihoods are not available, and they maintain the intensity of their work in conditions of climate-induced weather shocks and in situations of conflict. Women are less likely to participate as entrepreneurs and independent farmers and are engaged in the production of less lucrative crops. The gender gap in land productivity between female- and male managed farms of
5940-440: The production of fish for human consumption in confined operations, is one of the fastest growing sectors of food production, growing at an average of 9% a year between 1975 and 2007. During the second half of the 20th century, producers using selective breeding focused on creating livestock breeds and crossbreeds that increased production, while mostly disregarding the need to preserve genetic diversity . This trend has led to
6030-635: The regional banks began officially in 1990, with the aim of reducing costs. The aim was to halve the number of regional banks, and that objective had been surpassed by the turn of the 21st century. In 1993, Lucien Douroux , who led the plan to mutualise FNCA, became CNCA's first chief executive officer, having been appointed by Crédit Agricole from existing staff. In 1996, the group bought Banque Indosuez and then created Indocam, an asset management subsidiary (renamed Crédit Agricole Asset Management in 1999), and Crédit Agricole Indosuez for corporate and investment banking . In 1999, diversification continued as
6120-477: The result of conflict, climate extremes and variability and economic swings. It can also be caused by a country's structural characteristics such as income status and natural resource endowments as well as its political economy. Pesticide use in agriculture went up 62% between 2000 and 2021, with the Americas accounting for half the use in 2021. The International Fund for Agricultural Development posits that an increase in smallholder agriculture may be part of
6210-844: The role that individuals and organizations engaged in agriculture should play. In the United States, agriculture has been identified by the National Institute for Occupational Safety and Health as a priority industry sector in the National Occupational Research Agenda to identify and provide intervention strategies for occupational health and safety issues. In the European Union, the European Agency for Safety and Health at Work has issued guidelines on implementing health and safety directives in agriculture, livestock farming, horticulture, and forestry. The Agricultural Safety and Health Council of America (ASHCA) also holds
6300-474: The salaried agricultural workforce in Spain, Italy, Greece and Portugal in 2013. In the United States of America, more than half of all hired farmworkers (roughly 450,000 workers) were immigrants in 2019, although the number of new immigrants arriving in the country to work in agriculture has fallen by 75 percent in recent years and rising wages indicate this has led to a major labor shortage on U.S. farms. Around
6390-439: The same size is 24 percent. On average, women earn 18.4 percent less than men in wage employment in agriculture; this means that women receive 82 cents for every dollar earned by men. Progress has been slow in closing gaps in women's access to irrigation and in ownership of livestock, too. Women in agriculture still have significantly less access than men to inputs, including improved seeds, fertilizers and mechanized equipment. On
6480-552: The second tranche and repaid the government in October 2009. Crédit Agricole's crisis exit strategy was well received by the markets, with the share price gaining more than 40% over 2009. In 2012, Crédit Agricole continued to report negative results, posting a loss of around €3 billion in the third quarter. The Greek branch Emporiki was separated from its profitable wealthy parts in Albania, Bulgaria and Romania which were integrated into
6570-488: The solution to concerns about food prices and overall food security , given the favorable experience of Vietnam. Agriculture provides about one-quarter of all global employment, more than half in sub-Saharan Africa and almost 60 percent in low-income countries. As countries develop, other jobs have historically pulled workers away from agriculture, and labor-saving innovations increase agricultural productivity by reducing labor requirements per unit of output. Over time,
6660-400: The synthesis of ammonium nitrate fertilizer on an industrial scale, greatly increasing crop yields and sustaining a further increase in global population. Modern agriculture has raised or encountered ecological, political, and economic issues including water pollution , biofuels , genetically modified organisms , tariffs and farm subsidies , leading to alternative approaches such as
6750-655: The transition from hunter-gatherer to agricultural societies indicate an initial period of intensification and increasing sedentism ; examples are the Natufian culture in the Levant , and the Early Chinese Neolithic in China. Then, wild stands that had previously been harvested started to be planted, and gradually came to be domesticated. In Eurasia, the Sumerians started to live in villages from about 8,000 BC, relying on
6840-656: The wild aurochs in the areas of modern Turkey and Pakistan some 10,500 years ago. Pig production emerged in Eurasia, including Europe, East Asia and Southwest Asia, where wild boar were first domesticated about 10,500 years ago. In the Andes of South America, the potato was domesticated between 10,000 and 7,000 years ago, along with beans, coca , llamas , alpacas , and guinea pigs . Sugarcane and some root vegetables were domesticated in New Guinea around 9,000 years ago. Sorghum
6930-744: The world consist of fewer than 2 hectares (4.9 acres), and take up only around 12% of all agricultural land. Farms and farming greatly influence rural economics and greatly shape rural society , affecting both the direct agricultural workforce and broader businesses that support the farms and farming populations. The major agricultural products can be broadly grouped into foods , fibers , fuels , and raw materials (such as rubber ). Food classes include cereals ( grains ), vegetables , fruits , cooking oils , meat , milk , eggs , and fungi . Global agricultural production amounts to approximately 11 billion tonnes of food, 32 million tonnes of natural fibers and 4 billion m of wood. However, around 14% of
7020-774: The world's agricultural land is seriously degraded. In recent years there has been a backlash against the environmental effects of conventional agriculture, resulting in the organic , regenerative , and sustainable agriculture movements. One of the major forces behind this movement has been the European Union , which first certified organic food in 1991 and began reform of its Common Agricultural Policy (CAP) in 2005 to phase out commodity-linked farm subsidies, also known as decoupling . The growth of organic farming has renewed research in alternative technologies such as integrated pest management , selective breeding, and controlled-environment agriculture . There are concerns about
7110-664: The world's food is lost from production before reaching the retail level. Modern agronomy , plant breeding , agrochemicals such as pesticides and fertilizers , and technological developments have sharply increased crop yields , but also contributed to ecological and environmental damage . Selective breeding and modern practices in animal husbandry have similarly increased the output of meat, but have raised concerns about animal welfare and environmental damage. Environmental issues include contributions to climate change , depletion of aquifers , deforestation , antibiotic resistance , and other agricultural pollution . Agriculture
7200-481: The world, women make up a large share of the population employed in agriculture. This share is growing in all developing regions except East and Southeast Asia where women already make up about 50 percent of the agricultural workforce. Women make up 47 percent of the agricultural workforce in sub-Saharan Africa, a rate that has not changed significantly in the past few decades. However, the Food and Agriculture Organization of
7290-495: The world. In the 20th century, industrial agriculture based on large-scale monocultures came to dominate agricultural output. As of 2021 , small farms produce about one-third of the world's food, but large farms are prevalent. The largest 1% of farms in the world are greater than 50 hectares (120 acres) and operate more than 70% of the world's farmland. Nearly 40% of agricultural land is found on farms larger than 1,000 hectares (2,500 acres). However, five of every six farms in
7380-448: The world. It consists of a network of Crédit Agricole local banks, 39 Agricole regional banks and a central institute, the Crédit Agricole S.A. . It is listed through Crédit Agricole S.A., as an intermediate holding company , on Euronext Paris ' first market and is part of the CAC 40 stock market index. Local banks of the group owned the regional banks, in turn the regional banks majority owned
7470-621: The world. Production is listed in millions of metric tons, based on FAO estimates. Animal husbandry is the breeding and raising of animals for meat, milk, eggs , or wool , and for work and transport. Working animals , including horses, mules , oxen , water buffalo , camels, llamas, alpacas, donkeys, and dogs, have for centuries been used to help cultivate fields, harvest crops, wrangle other animals, and transport farm products to buyers. Livestock production systems can be defined based on feed source, as grassland-based, mixed, and landless. As of 2010 , 30% of Earth's ice- and water-free area
7560-444: Was a key factor in the rise of sedentary human civilization , whereby farming of domesticated species created food surpluses that enabled people to live in the cities. While humans started gathering grains at least 105,000 years ago, nascent farmers only began planting them around 11,500 years ago. Sheep, goats, pigs, and cattle were domesticated around 10,000 years ago. Plants were independently cultivated in at least 11 regions of
7650-515: Was asked to provide financing to rebuild farming operations damaged during the conflict. New legislation of 5 August 1920 established a public central clearing organisation for the regional banks: the Office National de Crédit Agricole (ONCA), with Louis Tardy as its chief executive officer, merging two services that were previously embedded in the Ministry of Agriculture . In 1926, the institution
7740-520: Was authorised by decree to finance property loans for primary residences in rural areas, irrespective of the status of the owner (even non-farmers). Crédit Agricole continued to modernise, with an influx of new managerial talent both in the regional banks and at CNCA. In 1960, Paul Driant [ fr ] became the first Chairman of CNCA to come from a farming background. He remained in this position for 14 years. In 1966, as part of efforts to boost savings and remove Crédit Agricole from its budget,
7830-621: Was domesticated by the Mayo Chinchipe of the upper Amazon around 3,000 BC. The turkey was probably domesticated in Mexico or the American Southwest. The Aztecs developed irrigation systems, formed terraced hillsides, fertilized their soil, and developed chinampas or artificial islands. The Mayas used extensive canal and raised field systems to farm swampland from 400 BC. In South America agriculture may have begun about 9000 BC with
7920-548: Was domesticated in the Sahel region of Africa by 7,000 years ago. Cotton was domesticated in Peru by 5,600 years ago, and was independently domesticated in Eurasia. In Mesoamerica , wild teosinte was bred into maize (corn) from 10,000 to 6,000 years ago. The horse was domesticated in the Eurasian Steppes around 3500 BC. Scholars have offered multiple hypotheses to explain the historical origins of agriculture. Studies of
8010-424: Was renamed Caisse Nationale de Crédit Agricole (CNCA). In the 1920s, the bank continued to build its nationwide coverage and expand its business activities, notably by introducing loans to small-scale rural craftsmen in 1920, financing rural electrification, and financing local authorities in rural areas from 1923. Local and regional banks did not emerge from the 1930 crisis unscathed. The Caisse Nationale took on
8100-584: Was used for producing livestock, with the sector employing approximately 1.3 billion people. Between the 1960s and the 2000s, there was a significant increase in livestock production, both by numbers and by carcass weight, especially among beef, pigs and chickens, the latter of which had production increased by almost a factor of 10. Non-meat animals, such as milk cows and egg-producing chickens, also showed significant production increases. Global cattle, sheep and goat populations are expected to continue to increase sharply through 2050. Aquaculture or fish farming,
#638361