Natural disasters may cause suffering and threaten life, but they can also promote economic growth.
NUKU’ALOFA, TONGA (16 February 2018) — The Asian Development Bank (ADB) has provided $6 million to the Government of Tonga to help fund priority early recovery activities following the onslaught of Tropical Cyclone Gita, which tore through Tongatapu, Tonga’s main island and nearby ‘Eua island, late on 12 February.
Key lessons on managing flood risks from the Yangtze River floods in 2016 illustrate a connection between flood risk management, environmental management, and ecosystem sustainability.
Case studies in the People's Republic of China and in Indonesia show why holistic community-based approaches to managing flood risks should be a key feature of investment programs.
MANILA, PHILIPPINES (18 December 2017) — The Asian Development Bank’s (ADB) Board of Directors has approved a total of $15 million in financing, comprised of policy-based loans and grants, for the Pacific Disaster Resilience Program which will help strengthen Samoa, Tonga, and Tuvalu’s resilience to disasters.