Core Agriculture Support Program Phase II 2011-2015
This report describes The Core Agriculture Support Program (CASP) Phase II (2011-2015), which is implemented by ADB's Working Group on Agriculture (WGA) to address issues on expanding cross-border trade in agri-food products, climate change mitigation and adaptation, and promotion of inclusive supply chain to enhance food security in the Greater Mekong Subregion.
Date: 2nd January 2012
Updated: 5th November 2013
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11th February 2015
Greater Mekong Subregion
Failing to protect nature's capital could cost businesses trillions
Nature is like an angel investor in the global economy: financially significant, yet widely unknown. The global pharmaceuticals industry, for example, is worth some $640bn. But few know that up to 50% of this market is based on the genetic diversity of wild species. Mangroves in Thailand are worth about $1,000 per hectare if exploited for wood. If left intact, the value of these coastal forests for flood protection, carbon capture and fish breeding grounds is more than $21,000 a hectare.
Source: The Guardian (January 28, 2015)