Current:Home > NewsU.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects -InvestTomorrow
U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
View
Date:2025-04-27 12:29:16
DUBAI, United Arab Emirates (AP) — An additional $9 billion of funding to tackle agriculture’s role in the climate crisis was announced on the sidelines of the United Nations climate talks on Friday.
The Agriculture Innovation Mission (AIM) for Climate, a joint initiative led by the United States and the United Arab Emirates that debuted at the climate talks in Glasgow two years ago, now has $17 billion to invest in agriculture and food systems innovation. Food systems — all the processes involved in making, shipping and disposing of food — account for about a third of planet-warming greenhouse gas emissions.
Countries have been convening at the annual Conference of the Parties to discuss and negotiate what to do about climate change that has Earth bumping up against the Paris agreement target of limiting warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since industrial times. With difficult negotiations still underway on how aggressively countries might agree to cut fossil fuel use, it’s been easier for nations and companies to announce funding for programs not directly related to that issue.
This year’s summit, COP28, is unique in its emphasis on farming. “We would not be able to reach 1.5 degrees if we don’t fix our food and ag sector,” UAE Minister for Climate and the Environment Mariam Almheiri said in a press conference in Dubai on Friday.
The funding announced Friday is enough money and will support enough different approaches to be a good start, said Mario Herrero, a professor of food systems and global change at Cornell University. But he added that the real test will be to see whether more money comes in, and whether the projects are held accountable for doing what they say they will.
“That’s something we will need to monitor very carefully, whether this is largely greenwashing,” Herrero said.
Projects the initiative has funded in the past include building a $500 million agri-processing plant in Nigeria, restoring degraded pastureland in Brazil and backing research to reduce synthetic nitrogen.
The new projects being funded address a wide range of areas. Some, like a $500 million action agenda on “regenerative agriculture,” have no single definition but involve a range of techniques that encourage farmers to switch to practices that lower emissions. Others target food manufacturing and processing or animal feed and fertilizer. The most futuristic range from developing microbes to store carbon in soil to using food-safe industrial waste to produce microalgae that help grow oysters on land.
Many of the projects are targeted at middle- and low-income countries, where farmers often have less technology at their disposal to combat climate change. But while some are targeted at reducing waste, none of the new projects mentioned had an explicit focus on reducing consumption. Wealthier countries eat more of the foods like meat and dairy that make up the vast majority of global food-related emissions.
If the funding helps low- and middle-income countries adapt to climate change while also helping them mitigate emissions, that’s a good thing, Herrero said.
“Now the hard work starts,” Herrero said.
___
Walling reported from Chicago.
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
veryGood! (42)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Chipotle's stock split almost here: Time to buy now before it happens?
- Team USA's Uniforms for the 2024 Olympics Deserve a Gold Medal
- Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Where is Voyager 1 now? Repairs bring space probe back online as journey nears 50 years
- That cool Tony Awards moment when Jay-Z joined Alicia Keys? Turns out it wasn’t live
- Milwaukee brewery defends home turf with (not so) Horrible City IPA
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Victims’ advocate Miriam Shehane dies at age 91
Ranking
- Trump's 'stop
- HBO's 'Hard Knocks' to feature entire NFL division for first time, will follow AFC North race
- Montana canal siphon splits open, flooding area and threatening local farming industry
- Israeli leader dissolves war cabinet after political rival walks out, citing lack of plan for Gaza's future
- The Daily Money: Spending more on holiday travel?
- New Mexico village of Ruidoso orders residents to evacuate due to raging wildfire: GO NOW
- Russian President Vladimir Putin set to visit Kim Jong Un in North Korea
- Columbus Blue Jackets fire coach Pascal Vincent after one season
Recommendation
South Korean president's party divided over defiant martial law speech
'Modern Family' stars reunite in WhatsApp ad discussing blue vs. green text bubble users
'Middle of the Night' review: Childhood disappearance, grief haunt Riley Sager's new book
Why Ariana Grande’s Voice Change Is Shocking Fans
Average rate on 30
Retired AP reporter Hoyt Harwell dies at 93; covered key events in the American South
GOP claims Trump could win Minnesota, New Jersey, Virginia in 2024 election. Here's what Democrats say.
Brooklyn pastor 'Bling Bishop' sentenced to 9 years in prison for fraud, extortion