Drought

Finance & Capital Market Miscellaneous

Asian Development Bank seeks $2bn to combat land degradation, desertification

Tue, 25 Aug 2026

The Asian Development Bank (ADB) has launched a key initiative - Financing Investments and Eradicating Land Degradation and Desertification (FIELD) - that aims to attract $2 billion by 2035 for investment in programmes that restore lands and boost drought resilience across APAC.