COP27 climate smart food initiative accused of greenwashing as partners pledge increased investment in innovation

AIM for Climate is a global initiative launched last November at the 26th UN Climate Change Conference (COP26) by the United Arab Emirates and the US. Today, partners said that they will double promised investments from partners in climate smart agriculture and food systems innovation.

This has been achieved because the initiative has tripled the number of partners signed-up since COP26. The Mission now claims the support of over 275 government and non-government partners and AIM for Climate revealed negotiators at COP27 have agreed increased investment in climate smart ag of US$8bn, up from the $4bn pledged in Glasgow last year. The rise comprises of over $7bn from Government Partners, with contributions from Australia, Bangladesh, Canada, Denmark, the EC, Finland, Hungary, Ireland, Israel, Japan, Lithuania, New Zealand, the Republic of Korea, Romania, Singapore, Spain, Sweden, Ukraine, the US, the UAE, the UK, Uruguay and Vietnam.

The remaining $1bn comes from Innovation Sprints. AIM for Climate announced 22 ‘sprints’ which are led and funded by partners to achieve a specific outcome or output in agricultural innovation. There are now 30 innovation sprints that ‘generally align’ with one or more focal area: small holder farmers in low- and middle-income countries; emerging technologies; agroecological research; and methane reduction.

“Diversity, gender equity, and inclusion are critical to the success of AIM for Climate, which recognises the wide range of participants necessary to achieve its goal and seeks to create a dialogue and draw on diverse knowledge, experiences and cultures,”​ the initiative said in a press briefing highlighting its commitment to ‘significantly increase’ investment in climate-smart agriculture and food systems innovation from 2021-2025.

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