The Asian Development Bank (ADB) announced plans to increase its support for long-term food and nutrition security in Asia and the Pacific by $26 billion, raising its total funding for food security initiatives to $40 billion from 2022 to 2030. The assistance will support a programme covering the entire food production process in Asia and the Pacific, including farming, processing, distribution, and consumption, as per a statement from ADB on Sunday. It aims to help generate diverse and nutritious food, create jobs, reduce environmental impacts, and promote resilient agricultural supply chains through financing and policy support. "Unprecedented droughts, floods, extreme heat, and degraded natural resources are undermining agricultural production, while at the same time threatening food security and rural livelihoods," said ADB President at ADB's 58th Annual Meeting in Milan. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
