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    Devex Dish: The high hopes being raised at AIM for Climate

    In this week's edition: discussions on how climate-smart agriculture can help improve global food security, how Sierra Leone's debt affects its food systems, and a new report has recommendations on how to reduce methane emissions.

    By Teresa Welsh // 10 May 2023

    Greetings this week from here in Washington, D.C., where I’m writing to you from the last day of the first AIM for Climate, or AIM4C, Summit. Food systems and climate experts have traveled here from all over the world to discuss how climate-smart agriculture can help improve global food security while helping to meet climate goals.

    AIM — which stands for Agriculture Innovation Mission — for Climate was launched by the United States and United Arab Emirates at the 26th United Nations Climate Change Conference, or COP 26, in 2021, with the intention of increasing financing for climate-smart agriculture. U.S. special envoy for climate John Kerry set a goal at COP 27 to reach $10 billion in investment by this year’s COP 28.

    On Monday, U.S. Agriculture Secretary Tom Vilsack announced partners of the initiative have committed more than $13 billion to date, surpassing Kerry’s goal. This includes over $200 million in research and development financing from USAID. Another part of the initiative is what they’re calling “innovation sprints,” or self-financed projects undertaken by nongovernment partners. Twenty-one new sprints were announced, bringing the total number to 51.

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    About the author

    • Teresa Welsh

      Teresa Welshtmawelsh

      Teresa Welsh is a Senior Reporter at Devex. She has reported from more than 10 countries and is currently based in Washington, D.C. Her coverage focuses on Latin America; U.S. foreign assistance policy; fragile states; food systems and nutrition; and refugees and migration. Prior to joining Devex, Teresa worked at McClatchy's Washington Bureau and covered foreign affairs for U.S. News and World Report. She was a reporter in Colombia, where she previously lived teaching English. Teresa earned bachelor of arts degrees in journalism and Latin American studies from the University of Wisconsin.

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