New $1.5 Billion Initiative for Sustainable Rice Farming in Asia-Pacific
On June 9, 2025, the Asian Development Bank (ADB) and CGIAR, with support from the Gates Foundation, announced a significant initiative aimed at improving rice farming in Asia-Pacific. This $1.5 billion program is designed to support smallholder farmers and promote sustainable, low-carbon rice production. Rice is vital for the region as it feeds over half…