Agriculture

The 4th BIMP-EAGA ROK Senior Officials Meeting in July approved 11 projects for funding under the third grant cycle of the BIMP-EAGA–Republic of Korea Cooperation Fund (BKCF).

This entails shifting to greener farming practices, adopting the circular economy model, and protecting the well-being of farming communities.

The leaders touted BIMP-EAGA’s achievements and resilience after almost 3 decades of cooperation.

Priority projects include renewable energy, green enterprises, sustainable tourism, low-carbon transport, and high-quality agro-fisheries production.

Leaders want countries to brace for headwinds from COVID-19, supply chain disruptions, food shortage, climate change, and other threats.

At the Cambodia summit, leaders agreed to develop a roadmap of regional actions to implement social security portability by 2030.

 Agrifood systems must become more resilient and deliver affordable, nutritious foods.

Grow Asia was created by the World Economic Forum and the ASEAN Secretariat to build partnerships for more inclusive, resilient, and sustainable food systems.

Member countries urged to look beyond the 2025 mid-term plan in realizing the subregion’s overall goals.

Four innovative farms in BIMP-EAGA are being promoted as sustainable tourist attractions in the Philippines.