Current:Home > MyU.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects -Streamline Finance
U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
View
Date:2025-04-14 15:44:09
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! (7818)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Court-appointed manager of Mississippi capital water system gets task of fixing sewage problems
- 1 dead, 'multiple' people shot at party in Muncie, Indiana
- Carlee Russell charged with making false statements to police in 'hoax' disappearance
- Trump issues order to ban transgender troops from serving openly in the military
- Salmonella outbreak linked to ground beef hospitalizes 6 people across 4 states
- Shark Week 2023 is here—stream the juicy shows for less with this Apple TV 4K deal
- As Ukraine war claims lives, Russia to expand compulsory military service age, crack down on draft dodgers
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Rudy Giuliani admits to making false statements about 2 former Georgia election workers
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- U.S. passport demand continues to overwhelm State Department as frustrated summer travelers demand answers
- TikTokers are zapping their skin with red light; dermatologists say they’re onto something
- Here's an Update on the Polly Pocket Movie Starring Lily Collins
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Prosecutors oppose a defense request to exhume the body of the Pittsburgh synagogue shooter’s father
- 'Top of the charts': Why Giants rookie catcher Patrick Bailey is drawing Pudge comparisons
- How residents are curbing extreme heat in one of the most intense urban heat islands
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Body found on grounds of Arizona State Capitol
Ohio K-9 officer fired after his police dog attacked surrendering suspect
Remains of climber who went missing in 1986 recovered on a glacier in the Swiss Alps
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Search called off for baby washed away in Pennsylvania flash flood
Justin Herbert's record-setting new contract is a 'dream come true' for Chargers QB
Kansas man charged with killing father, stabbing stranger before police shoot him