Easing Food Crisis and Promoting Long-Term Food Security in Asia and the Pacific  

Food insecurity is threatening to reverse decades of development progress in Asia and the Pacific. In September 2022, ADB announced plans to provide at least $14 billion over 2022-2025 in a comprehensive program of support to ease a worsening food crisis in the region, and improve long-term food security by strengthening food systems against the impacts of climate change and biodiversity loss.

The assistance expands ADB’s already significant support for food security in the region, where nearly 1.1 billion people lack healthy diets due to poverty and food prices which have soared to record highs in 2022.

 

Food price inflation in developing Asia

Prices of key agricultural products

Read the news release

Disclaimer: This was first posted on the ADB website.


Last Updated: 19 October 2022