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The Climate Agriculture Innovation Mission focuses on increasing investment in climate-smart agriculture and food systems
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President, speaks at the COP27 climate conference at the Sharm el-Sheikh International Conference Centre. — Wamm
At the United Nations Climate Change Conference (COP27) in Sharm el-Sheikh, a joint initiative led by the UAE and the US announced that partners have doubled their investment in climate-smart agriculture and food systems innovation to 80%. One hundred million U.S. dollars.
The Agriculture Innovation Mission for Climate (AIM for Climate) is a U.S. and UAE government-led initiative supported by 42 countries and 235 partners focused on increasing investment in climate-smart agriculture and food system innovation to accelerate climate action. The initiative was announced by US President Joe Biden at COP26 in Glasgow with an initial investment of $4 billion.
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Increased investment includes more than $7 billion from government partners from Australia, Bangladesh, Canada, Denmark, European Commission, Finland, Hungary, Ireland, Israel, Japan, Lithuania, New Zealand, South Korea, Romania, Singapore, Spain, Sweden , Ukraine, United States, United Arab Emirates, United Kingdom, Uruguay, Vietnam, and more than $1 billion in investments from “Innovation Sprints” – self-financing from non-governmental partners.
The number of “innovation sprints” increased from 22 to 30, generally aligned with one or more focus areas: smallholder farmers in low- and middle-income countries, emerging technologies, agro-ecological research and methane reduction.
These investments are tripled and supported by the AIM for Climate Partner Coalition, which has grown to over 275 partners today, including government, business, academia, nonprofits, think tanks, and more. COP26 has 79 partners.
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