Food’s Climate Funding Tops $7 Billion During COP28
- Financing will help global food system’s climate transition
- UN says climate funding for food is still ‘strikingly low’
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New money pledged for the global food system’s climate fight topped $7 billion during this year’s COP28 summit.
The financing has been promised for helping farmers curb their footprint and adapt to climate change, including through innovation and regenerative agriculture. Major pledges include $519 million funding for research consortium CGIAR and $389 million from philanthropies, according to COP organizers.