A high-profile global initiative to scale up innovations to help farmers on the frontlines of climate change has introduced its first package of investments: $1 billion aimed at bringing them improved weather forecasting.
The investments are part of the Agriculture Innovation Mechanism for Scale, or AIM for Scale, and come from a consortium of partners including the World Bank and USAID. Each institution has pledged to channel money or resources into tools aimed at helping farmers across Asia, Latin America, and Africa.
AIM for Scale was announced at climate conference COP28 as part of a partnership between the Gates Foundation and the United Arab Emirates. Its first major announcement, or “innovation package,” as the group calls it, is focused on harnessing the power of artificial intelligence technology in weather forecasting — which, some experts say, can lead to faster and more accurate predictions at a lower cost.