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COP27: AIM for Climate doubles investments and triples innovation sprints

16 November 2022

AIM for Climate has recently announced a doubling of increased investments by partners in climate-smart agriculture and food systems innovation and a tripling of innovation sprints and partners since launch of the initiative at COP26.

The Agriculture Innovation Mission for Climate (AIM for Climate) is a voluntary global initiative uniting participants with the common purpouse to significantly increase investment in and support for climate-smart-agriculture and food systems innovation over five years (2021-2025). Led by the United States of America and the United Arab Emirates, AIM for Climate has united 42 governments and more than 235 non-governmental partners since it was launched at the 26th United Nations Climate Change Conference (COP26).

AIM for Climate has recently announced a doubling of increased investments by partners in climate-smart agriculture and food systems innovation and a tripling of innovation sprints and partners since launch of the initiative. In detail, AIM for Climate announced an increased investment of more than $8 billion, up from $4 billion at COP26, representing a doubling of investments. The increased investment is comprised of over $7 billion from Government Partners with contributions from Australia, Bangladesh, Canada, Denmark, the European Commission, Finland, Hungary, Ireland, Israel, Japan, Lithuania, New Zealand, the Republic of Korea, Romania, Singapore, Spain, Sweden, Ukraine, United States, United Arab Emirates, United Kingdom, Uruguay, Vietnam, and over $1 billion investment from Innovation Sprints.

AIM for Climate announced 22 innovation sprints – initiatives 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 areas: small-holder farmers in low- and middle-income countries, emerging technologies, agroecological research and methane reduction. 

The investments are enabled and supported by a tripling of AIM for Climate coalition of partners to this growing initiative, which now stands at over 275 partners, comprising governments, businesses, academia, non-profits, think tanks and more. 

To learn more about AIM for climate, visit aimforclimate.org

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