Posts Tagged ‘growth’
Asian Development Bank (ADB)-nagara encourage countries in the Asia Pacific region to increase investment in agricultural sector. Quoted by the Xinhua, the step taken to prevent the aging population who suffer from hunger caused by rising food prices in the future. In Food Security and Investment forum in Manila, the Philippines, which was held together with the World Food Organization (FAO) yesterday, the ADB also said that developing countries need to increase agricultural production in 2050 due to the increasing population. But it must be supported with funding by financial institutions together.
“The need of investment to boost agricultural production to reach USD200 billion to 40 years into the future, and $ 120 billion of them to countries in the Asia Pacific region,” said Director General of the World Food Organization (FAO) Jacques Diouf, Thursday (07/08/2010).
He added that the increase in world food production must be coupled with more and better crop management with a more modern way supported the strength of post harvest infrastructure and capacity-building. But also important is the availability of research funding for agriculture. Read the rest of this entry »