According to a US official, the US and the UAE are seeking an additional $4 billion in worldwide investment in a program started last year to make agriculture more resilient to climate change and cut emissions. At the COP26 climate conference in November, the two countries announced the Agriculture Innovation Mission for Climate (AIM for Climate), which aims for a $4 billion investment from governments and non-government innovation partners between 2021 and 2025.

The initial $4 billion goal included $1 billion each from the United States and the United Arab Emirates governments, $1.8 billion from foreign governments, and $200 million from non-government partners. The United States Department of Agriculture recently announced a $1 billion investment in climate-smart commodities pilot projects, encouraging low-emission farming, ranching, and forestry techniques. According to Vilsack, the project may be counted as part of the US. Aim for Climate Change Objectives. “There are a variety of approaches that may be used to locate those resources.”

Source: https://www.reuters.com/business/cop/exclusive-us-uae-push-another-4bln-farming-climate-change-investment-2022-02-20/



first appear on reddit

Leave a Reply

Your email address will not be published. Required fields are marked *