NEWSXTRA
Gates Foundation Partner United Arab Emirates To Accelerate Action On Climate, Strengthen Food Systems
The Bill & Melinda Gates Foundation today joined the United Arab Emirates (UAE) to accelerate the development of innovations that will help smallholder farmers in sub-Saharan Africa and South Asia build resilience and adapt to climate change.
Together, they made new commitments totalling US $200 million in response to immediate and long-term threats to food security and nutrition caused by climate change.
The announcement was delivered at the World Climate Action Summit by foundation Co-Chair Bill Gates, who was joined by Mariam bint Mohammed Saeed Hareb Almheiri, minister of climate change and environment of the UAE. Gates also called on global leaders to elevate agriculture as a focus of global climate finance initiatives and support the global agriculture research network, CGIAR.
Sub-Saharan Africa, where more than 60% of the population depends on agriculture for food and income, accounts for only 4% of global greenhouse gas emissions.
In recent years, a surge of extreme climate events, such as devastating droughts in East Africa and catastrophic flooding in West Africa, has contributed to reduced economic growth and increased income inequality with wealthy countries—primarily by eroding crop and livestock production.
While numerous innovations exist to help smallholder farmers in the region, less than 2% of global climate finance is devoted to meeting their needs.
“We need to make big bets on innovation to ensure smallholder farmers across sub-Saharan Africa and South Asia have the tools they need to adapt their practices, feed their people, and build resilience in the face of climate change,” said Gates. “The needs of farmers are an integral part of the global climate agenda.”
CGIAR, the world’s largest publicly funded agriculture research network, plays a critical role in supporting resilient, sustainable food production in a climate-stressed world.
Earlier this week, it launched a three-year investment case to secure US $4 billion by 2027, helping CGIAR to reach 500 million farmers by 2030 with climate adaptation innovations, and to reduce emissions from the agriculture sector by 1 gigaton per year—the equivalent of eliminating emissions from more than 200 million cars.
“We are ready to quickly scale up proven innovations that already are helping farmers in vulnerable regions like Africa and South Asia adapt to more challenging climate conditions,” said Professor Lindiwe Majele Sibanda, chair, CGIAR System Board.
“That includes increasing access to improved varieties of naturally stress tolerant crops like cassava and millets, employing new tools and strategies farmers are using to support healthy ecosystems by reviving degraded lands, and providing long-range climate forecasts that help farmers anticipate and navigate weather extremes and shifting rainfall patterns.”
The foundation’s US $100 million investment announced today, which matches the UAE’s commitment of US $100 million, will support organizations, like the CGIAR, that are on the forefront of developing agricultural innovations.
Additional foundation funding will support the work of AIM4Scale, a new climate adaptation initiative to be launched by the UAE.
The foundation will also join partner countries, philanthropies, and financial institutions to help accelerate access to high-impact agricultural innovations for small-scale farmers in sub-Saharan Africa and South Asia by reducing policy and funding-related barriers.
barriers.
-
CRIME3 years ago
PSC Dismisses DCP Abba Kyari, To Be Prosecuted Over Alleged $1.1m Fraud
-
FEATURED4 years ago
2022 Will Brighten Possibility Of Osinbajo Presidency, Says TPP
-
FEATURED2 years ago
Buhari’s Ministers, CEOs Should Be Held Accountable Along With Emefiele, Says Timi Frank
-
BUSINESS & ECONOMY2 years ago
Oyedemi Reigns As 2023’s Real Estate Humanitarian Of The Year
-
SPORTS2 years ago
BREAKING: Jürgen Klopp Quits Liverpool As Manager At End Of Season
-
SPORTS2 years ago
Could Liverpool Afford Kylian Mbappe For €200 million? Wages, Transfer Fee
-
ENTERTAINMENT2 years ago
Veteran Nigerian Musician, Basil Akalonu Dies At 72
-
FEATURED2 years ago
Tribunal Judgement: Peter Obi Warns Of Vanishing Electoral Jurisprudence, Heads To Supreme Court
-
BUSINESS & ECONOMY2 years ago
Oyedemi Bags ‘Next Bulls Award’ As BusinessDay Celebrates Top 25 CEOs/ Business Leaders
-
FEATURED3 years ago
2023 Presidency: South East PDP Aspirants Unite, Demand Party Ticket For Zone