US-UAE initiative doubles pledge to food innovations

An initiative, sponsored by the United States and the United Arab Emirates, said it has doubled its pledged investment to more than US$8 billion in climate-smart agriculture and food system innovations.

The initiative, Agriculture Innovation Mission for Climate, said US$7 billion of the funds come from governments such as Australia, South Korea, Singapore, the UAE, the U.S., and European countries.

And, private sector-led investment accounted for more than US$1 billion, it added. The initiative now includes more than over 275 government and non-government partners, focusing on the reduction of methane, and the efficient use of fertilizers.