The Agriculture Development Mission for Climate aims to boost financial support for climate-smart farming and food production.
In a collaborative effort coordinated by the UAE and the US at the Un Climate Summit (COP27), Sharm El Sheikh announced a doubling of contributions by allies in climate-smart agricultural and food chain innovation to $8 billion.
The US and UAE governments are leading the Agriculture Technology Mission for Climate (AIM for Climate), an effort with backing from 42 nations and 235 partners that aim to increase funding for innovative food systems and climate-smart farming. US Vice President Joe Biden introduced the program during COP26 in Glasgow, with an initial commitment of $4 billion.
The increased investment comprises over $7 billion from allies and partners worldwide and over $1 billion from “innovation sprints” or non-government affiliates who self-finance their investments.
From 22 to 30, there have been more “development sprints,” which focus on one or more of the following: small-scale farmers in low- and medium-income countries, innovative technologies, agro-ecological research, and methane decrease.
AIM for Climate has tripled the number of partners in this expanding program, bringing the total to over 275. These partners include governments, corporations, academic institutions, non-profit organizations, think tanks, and more. There were 79 partners at COP26.
