ISLAMABAD: The Asian Development Bank has approved a technical assistance project for resilient and inclusive agricultural development and food security in the Central Asia Regional Economic Cooperation (CAREC) Programme member countries including Pakistan.
The overall impact of the ADB assistance will help increase inclusive, productive, resilient, and sustainable agriculture and enhance food security in the CAREC region.
The regional technical assistance will strengthen food security in CAREC member countries. It will also support the commitment of the ADB to achieving resilient and sustainable food security in the region.
The beneficiary countries are Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, China, Tajikistan, Turkmenistan and Uzbekistan.
Specifically, the technical assistance will support the implementation of priority activities identified under the cooperation framework for agricultural development and food security in the CAREC region, which was endorsed by the CAREC Ministerial Conference in November 2022.
Building on the outcomes of key regional cooperation priority activities, the technical assistance will help identify business opportunities for bankable food security-related investment projects relevant to the focus areas stated in the cooperation framework.
The ADB assistance is intended to support CAREC member countries increase knowledge sharing in agriculture modernization and food security; prioritise the planned and proposed activities under the existing CAREC initiatives in terms of their significance for agricultural development and food security in the CAREC region; design and undertake additional CAREC activities to foster inclusive agriculture modernisation or enhance food security in the region; increase synergies among these activities, and amplify their overall positive impacts on agricultural development and food security in the CAREC member countries.
ADB says the CAREC member countries face considerable challenges in ensuring food security. A number of factors, including climate change, disasters triggered by natural hazards, the coronavirus disease (Covid-19) pandemic, geopolitical tensions, and disruptions in cross-border food supply chains, have adversely impacted food security in the CAREC region. Many of these factors will continue to pose significant risks to food security in the region, it says.
Published in Dawn, December 24th, 2023
ADB approves food security assistance for CAREC states
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24.12.2023
ISLAMABAD: The Asian Development Bank has approved a technical assistance project for resilient and inclusive agricultural development and food security in the Central Asia Regional Economic Cooperation (CAREC) Programme member countries including Pakistan.
The overall impact of the ADB assistance will help increase inclusive, productive, resilient, and sustainable agriculture and enhance food security in the CAREC region.
The regional technical assistance will strengthen food security in CAREC member countries. It will also support the commitment of the ADB to achieving resilient and sustainable food........
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