She also stressed the need for the promotion of multilateral development banks and private entrepreneurs to invest in modern agriculture.
The premier made these proposals while addressing the official opening ceremony of the UN Food Systems Summit+2 Stocktaking Moment (UNFSS+2) at the Food and Agriculture Organisation (FAO) headquarters in Rome.
The summit began in the evening with the theme of "Sustainable Food Systems for People, Planet and Prosperity: Diverse Pathways in a Shared Journey".
"Financial incentives and policy support at the international level are needed to encourage multilateral development banks and private entrepreneurs to invest in modern agriculture," Sheikh Hasina said raising her first proposal.
In her second proposal, she said taking concerted actions is absolutely required to remove any trade barrier, including the lifting of restrictions on food and fertiliser exports, to continue the effectiveness of the Black Sea Grain Deal initiated by the UN secretary-general.
Placing the third proposal, she said the international community should come forward to establish global and regional "food banks" to deal with emergency situations and also help developing countries transform the food production systems in the situation given by climate change.
Nano-technology, bioinformatics, and advanced agricultural technologies developed keeping pace with the 4th industrial revolution in agricultural education and research should be made available to all, said the premier in her fourth proposal.
Making her final proposal, she said it needs to develop a massive social movement involving young people to prevent the waste of about one-third of the food produced worldwide every year.
"If we can collectively adopt and implement the necessary action plans, we'll be able to achieve sustainable global food security," she said.
Sheikh Hasina also asked the international community to introduce inclusive and sustainable food management for all as two billion people still remain out of food security in the world.
