$9 Billion Boost for Climate Initiative Targeting Agriculture
U.S. and UAE-led AIM now has $17 billion to invest in innovative solutions to reduce greenhouse gas emissions from food systems.
- $9 billion additional funding announced for the Agriculture Innovation Mission (AIM) for Climate, a joint initiative by the U.S. and UAE, bringing total investment to $17 billion.
- AIM focuses on innovation in agriculture and food systems, which account for about a third of greenhouse gas emissions.
- The funding will support a variety of projects, including a $500 million action agenda on 'regenerative agriculture' and initiatives to reduce synthetic nitrogen.
- Many of the projects target middle- and low-income countries, where farmers often have less technology to combat climate change.
- Experts warn that the real test will be whether more funding comes in and if the projects are held accountable for their promises.