Funding for a UAE-US-led initiative to advance climate-friendly farming practices has grown to more than $13 billion, passing the $10 billion target set for Cop28, a US official said on Monday.
The Agriculture Innovation Mission for Climate, or Aim for Climate, was launched in 2021 and had achieved commitments of $8 billion by last November.
“Climate change continues to impact long-standing agricultural practices in every country and a strong global commitment is necessary to face the challenges of climate change head on and build more sustainable, equitable and resilient food systems,” said US Secretary of Agriculture Tom Vilsack, who is co-hosting this week's Aim for Climate summit in Washington.
He announced the latest funding figures alongside Mariam Al Mheiri, UAE Minister for Climate and the Environment, and former US vice president Al Gore.
The UAE is hosting the Cop28 climate change conference this November.
“We will make sure that Cop28 will be a game-changer for food systems,” Ms Al Mheiri said.
About $10 billion of the $13 billion investment has come from governments. The rest is from parties funding initiatives to support smallholder farmers, emerging technologies and methane reduction, a US Department of Agriculture representative said.
Ms Al Mheiri said that strengthening national and global food security through sustainable technology and innovation was one of the key pillars of the UAE’s National Food Security Strategy 2051.
“We know the numbers we know our food systems are broken,” she said. “We know there's lots to do on eradicating hunger. There's lots to do on enhancing global food security and to slash emissions when it comes to climate change.”
She reiterated the UAE's commitment to building a “solid foundation for international co-operation” to find solutions to various challenges facing global food and agricultural systems.
The UAE, she said, wants to continue to be food secure in the future.
“How can we waste less food? How can we have better nutrition?” she asked.
“How can we make sure that the next generation has the skills and the capacity to be able to look at growing food in harsh desert environments?”
Aim for Climate seeks to unite nations to cut agricultural emissions, which account for about 10 per cent to 12 per cent of greenhouse gas emissions from sources such as livestock manure, machinery and fertiliser application, according to the Intergovernmental Panel on Climate Change.
Reuters contributed to this report
Step by step
2070km to run
38 days
273,600 calories consumed
28kg of fruit
40kg of vegetables
45 pairs of running shoes
1 yoga matt
1 oxygen chamber
How much sugar is in chocolate Easter eggs?
- The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
- The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
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'Nope'
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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