Development Bank Wants to Tackle Asia With Billions of Food Crisis

Development Bank Wants to Tackle Asia With Billions of Food Crisis

The Asian Development Bank wants to tackle the food crisis on the continent with the financing of at least $ 14 billion until 2025.

In Asia, almost 1.1 billion people can no longer afford healthy food.

Poverty in Asia has worsened as a result of increased food prices. Record high, according to the Asian Development Bank. The bank wants to work towards a long-term solution with the multi-billion investment.

In recent years, the development bank has already invested 2 billion dollars annually in food security.

According to the bank’s president Masatsugu Asakawa, action must be taken now. “Before the impacts of climate change worsen and the hard-won progress in the region is wiped out.”

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