Food security is built on four pillars, namely: availability, access, utilization and stability. The 1996 World Food Summit (WFS) defined food security as existing when all people at all times have access to sufficient, safe and nutritious food to maintain a healthy and active life. According to FAO, Asia still has the highest number of undernourished people, accounting for more than two-third of world’s hungry people. As early as April 2008, ESCAP through its annual Economic and Social Survey had warned of the lack of investment in agriculture, which was one of the key factors for the food crisis. However, the economic and financial crises can be converted into an opportunity in making systemic economic and social changes, which are critically needed to address food security in Asia and the Pacific region. With the food crisis of 2008, food security was elevated to a new level of importance in the global debate.