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ADB on track to deliver food security commitment

The Asian Development Bank (ADB) is on track to deliver on a commitment to provide $14 billion to improve food security and mitigate the effects of climate change across Asia and the Pacific, its chief said on Tuesday.

'I am happy to report that we have already committed $7.6 billion of this $14 billion and are on pace to deliver the rest by the end of 2025,' ADB President Masatsugu Asakawa said at the Asia and the Pacific Food Security Forum 2024 in Manila.