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Tuesday December 17, 2024

ADB launches 'Glaciers to Farms' initiative to address food security

Programme envisages mobilising up to $3.5 billion from ADB, GCF, governments and development partners

By APP
November 17, 2024
A representational image showing ADB logo. — AFP/File
A representational image showing ADB logo. — AFP/File

ISLAMABAD: The Asian Development Bank (ADB) on Sunday launched "Glaciers to Farms" — a new regional initiative aimed at promoting sustainable water use and food security in Central Asia, the South Caucasus, and Pakistan.

Under the programme, the ADB  will carry out carry out risk assessments of glacial melt in Azerbaijan, the Kyrgyz Republic, Tajikistan, and Uzbekistan — forming the scientific and technical basis for the programme, read the press release issued by the lender.

The ADB will be supported by the Green Climate Fund's (GCF) Project Preparation Facility.

A declaration of support for preserving glaciers has been signed with ADB President Masatsugu Asakawa and GCF Chief Investment Officer Henry Gonzalez.

The signatories include COP29 President and Azerbaijan Minister of Ecology and Natural Resources Mukhtar Babayev; Kazakhstan Minister of Ecology and Natural Resources Yerlan Nyssanbayev; Kyrgyz Republic Minister of Natural Resources, Ecology and Technical Supervision Meder Mashiev; Tajikistan Committee on Environmental Protection Chairman Bahodur Sheralizoda; and Uzbekistan Minister of Ecology, Environmental Protection, and Climate Change Aziz Abdukhakimov.

"As melting glaciers change waterflows, disrupt lives, and destroy ecosystems, we must act now," said Asakawa.

"As Asia and the Pacific’s climate bank, we are pleased to be joined by key partners to launch this programme to drive international collaboration and deliver results where they matter most — on the ground, in communities at risk," he added.

Glaciers to Farms envisages mobilising up to $3.5 billion from ADB, GCF, governments, development partners, and the private sector, subject to the participating institutions’ board approvals.

In addition to water and agriculture investments, the programme will support vulnerable communities threatened by glacial melt, particularly in fragile mountain regions.

"The GCF recognises the regional Glaciers to Farms programme as a vital initiative to enhance climate resilience and promote sustainable development," said Gonzalez.

"Recognising the profound vulnerability of mountain communities and ecosystems, this programme is instrumental in safeguarding our precious water resources and empowering those most at risk.

"This programme embodies the essential collaboration and innovative strategies needed to address the severe challenges posed by climate change. Together, we can build a resilient and sustainable future for all — especially for the vulnerable populations who depend on our mountain landscapes," he added.

The event was also attended by Minister of Finance Muhammad Aurangzeb and Georgia Minister for Economy and Sustainable Development Genadi Arveladze.

Why its important?

Glaciers are essential natural service providers, it said adding they store freshwater that melts gradually, feeding rivers that support demand for agriculture, hydropower, and drinking water across national borders.

In upstream areas, shrinking glaciers diminish water flow, impacting local agriculture and increasing water shortages. Downstream, increased glacial runoff can cause floods.

As glaciers continue to shrink, both upstream and downstream communities face greater water and food insecurity and more risk to critical infrastructure.

Glaciers to Farms is one of several ADB initiatives to help Asia adapt to melting glaciers. In the Hindu Kush Himalaya, ADB is establishing early warning systems and climate-resilient infrastructure.

In monsoonal South and Southeast Asia, the bank is enhancing resilience throughout entire river basins.

The United Nations General Assembly has declared 2025 the International Year of Glacier Preservation, while Tajikistan will host the International Conference on Glaciers’ Preservation in Dushanbe next year.