ADB, ECOM Sign $100 Million Social Loan to Enhance Climate Resilience of Coffee Value Chain in Asia Pacific
The global supply of coffee depends on the hard work of millions of farmers worldwide.
However, rising temperatures, unpredictable rainfall, and increased pest and disease pressures caused by climate change threaten coffee production.
We have partnered with ECOM to boost sustainable agricultural practices and enhance the productivity and resilience of smallholder farmers in India, Indonesia, Papua New Guinea, and Viet Nam.
"Safeguarding coffee farmer livelihoods and resilience in the face of climate change is crucial for maintaining the stability of one of the world's most significant agricultural supply chains.” - Suzanne Gaboury, ADB Director General for Private Sector Operations
NEWS | Economics
US Policy Changes Likely to Impact Asia and Pacific’s Growth
While economic growth in developing Asia and the Pacific remains steady, US policy changes under the incoming Trump administration may impact the region, says ADB's latest Asian Development Outlook report.
Changes to US trade, fiscal, and immigration policies could dent growth and boost inflation. Because these significant policy changes are expected to take time and be rolled out gradually, the effects on the region would materialize beyond this forecast horizon.
Larger and more rapid US policy shifts than assumed in the baseline could worsen the outlook, as could greater geopolitical tensions or continued property market fragility in the People's Republic of China.
Visit our website to learn more.
BLOG | Economics
How Emerging Markets Can Boost Resilience to Debt Shocks
Unanticipated debt increases hinder growth and drive inflation in emerging markets.
Our new blog shares how fiscal frameworks and buffers, consolidation strategies, and coordinated policies can mitigate these challenges and bolster resilience in Asia and the Pacific.
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VIDEO | Sustainable Transport
Building a Safe, Accessible, and Reliable Transport System in Armenia
ADB partnered with Armenia to develop a safe, climate-resilient, and accessible transport system that will promote economic growth, enhance international economic cooperation, and improve the lives of Armenians.
PUBLICATION | Sustainable Growth
The Transformative Power of Inclusive Business
This publication explores how inclusive business initiatives successfully integrate low-income segments into commercial markets.
It highlights concepts, models, and strategies that drive economic growth and development, proving how businesses can thrive while creating positive social impact.
News Releases
Disclaimer: this will be our last issue for 2024. See you again next January. Happy holidays from ADB's social media team!
Chairman / Former President of Executive Committee in the Pakistan Association of the Deaf
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Managing Director at Superlative Logistics
2wgreat news we are proud to hear thinks are going well
American-Lao Business Association, President, Women’s Advisory Committee | SME Business Consultant | Entrepreneur
2wThis is fantastic news! Climate change, combined with a 25% inflation rate in March, has significantly impacted coffee production in southern Laos. These challenges are forcing labourers to seek higher-paying jobs in Thailand. Other factors include a worker shortage, farmers shifting to grow more profitable crops like cassava instead of coffee, and rising costs driving the workforce away.ADB’s social loans to address climate resilience will definitely make an impact, but will not address the broader problem of high inflation which is causing labor shortages.
Climate Change Specialist at ADB
2wCongratulations!
Founder & CEO, Group 8 Security Solutions Inc. DBA Machine Learning Intelligence
2wAmazing insights.