Dhaka, May 4 -- The Asian Development Bank (ADB) on Sunday announced plans to expand its support to long-term food and nutrition security in Asia and the Pacific by $26 billion, bringing its total funding for food security initiatives to $40 billion over 2022-2030.

The assistance will fund a comprehensive program spanning the entire food production process-from farming and processing-to distribution and consumption.

Through financing and policy support for governments and companies, the program aims to help Asia and the Pacific generate diverse and nutritious food, create jobs, reduce environmental impacts, and promote resilient agricultural supply chains, according to a press release.

"Unprecedented droughts, floods, extreme heat, and...