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    • Food Systems

    ADB gets moving on its $40B commitment to food systems

    At the Asia and the Pacific Food Systems Forum, conversations centered around how ADB should spend the remainder of a splashy $40 billion commitment to transforming food systems that it made last year.

    By Rebecca L. Root // 18 March 2026

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    What to do with $40 billion?

    That question is central to this week’s Asia and the Pacific Food Systems Forum hosted by the Asian Development Bank. Last May, ADB announced it would channel that amount into transforming food systems by 2030 — a relatively new front for the organization, which has typically focused its work on infrastructure.

    While over $14 billion has already been allocated, ADB and food systems experts are spending part of the four-day forum, which opened on Monday in Manila, discussing how the rest can make the biggest impact. In his opening remarks on Tuesday, ADB President Masato Kanda said food systems in the region are at a “turning point.”  

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    More reading:

    ► How ADB plans to invest $40B in food systems by 2030 (Pro)

    ► Is ADB still Asia and the Pacific’s ‘climate bank’?

    ► Planet at risk: New EAT-Lancet report warns food system overhaul is vital

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    About the author

    • Rebecca L. Root

      Rebecca L. Root

      Rebecca L. Root is a freelance reporter for Devex based in Bangkok. Previously senior associate & reporter, she produced news stories, video, and podcasts as well as partnership content. She has a background in finance, travel, and global development journalism and has written for a variety of publications while living and working in Bangkok, New York, London, and Barcelona.

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