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.”