A global initiative led by the U.S. and the U.A.E to make farming cleaner has announced plans to invest $8 billion into agriculture technology
The program will run for five years . “I think one thing that makes this initiative quite unique is that it's not an open ended initiative. It's not a new institution that exists just for the sake of creating a new institution,” says Livingston. “I think by setting that timeline on it, you actually do create an extra sense of urgency, an extra sense of focus.
“In addition to that, the farmers will be able to showcase their sustainability certifications and credentials for their crops.” Absent from the AIM for Climate initiative are some of Asia’s biggest food producers: Russia, India, and China. Many of AIM’s signatories are net importers of food, including the UAE, which spent over $1.1 billion on produce from U.S. farmers in 2021.