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18 Jun 2018 description

NUKU’ALOFA, TONGA (18 June 2018) — The Asian Development Bank’s (ADB) Board of Directors has approved a $6.8 million grant to help reconstruct and improve disaster resilience of the Nuku’alofa electricity network that was damaged by Cyclone Gita in February 2018. The support follows the $6 million assistance ADB provided to the Government of Tonga on 16 February under the Pacific Disaster Resilience Program and an additional $1 million under the ADB-supported Asia Pacific Disaster Response Fund for humanitarian relief efforts on 22 February.

13 Jun 2018 description

An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks.

WASHINGTON, June 13, 2018 – Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 per cent on the previous year.

07 Jun 2018 description

THIMPHU, BHUTAN (6 June 2018) — The Board of Directors of the Asian Development Bank (ADB) has approved a loan and grant package totaling $53 million to promote growth in and around Phuentsholing by developing a township area adjoining the city protected by new defenses against floods and riverbank erosion.

11 May 2018 description

In 2015, the international community committed to the Sustainable Development Goals, including Goal 4, which is to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. That same year, in Addis Ababa, multilateral development banks committed to work together to assist countries to generate the needed financial resources. In this context, we welcome the proposal for the International Finance Facility for Education. Urgent and unparalleled action is needed to create a learning generation.

26 Apr 2018 description

ISLAMABAD, PAKISTAN (25 April 2018) — The Asian Development Bank (ADB), the Department for International Development (DFID) of the United Kingdom, and German development cooperation through KfW joined the Government of Pakistan and other partners today to discuss strategies for disaster risk financing in Pakistan.

22 Apr 2018 description

Sept banques multilatérales de développement (BMD) ont lancé une nouvelle plateforme en vue de renforcer leur collaboration dans le cadre des migrations économiques et des déplacements forcés. Lancée en marge des réunions de printemps du Fonds monétaire international (FMI) et du Groupe de la Banque mondiale, cette plateforme a pour but d’appuyer le dialogue stratégique et la coordination opérationnelle des BMD afin de maximiser l’impact de leur engagement croissant dans ces deux domaines.

20 Apr 2018 description

WASHINGTON, April 20, 2018 – Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement today on the margins of the IMF-World Bank Group Spring Meetings. The platform will advance strategic dialogue and operational coordination to maximize the impact of MDBs’ growing engagement in these two areas.

14 Apr 2018 description

Introduction

Disaster events have lasting impacts on people, communities, and socioeconomic development. Countries in the Pacific are among the most exposed, globally, to natural disasters, including floods, droughts, cyclones, and earthquakes. The effects of climate change threaten to increase the severity and frequency of hazard events in the Pacific region, emphasizing the need for Pacific island countries to protect themselves against corresponding social and economic consequences.

14 Apr 2018 description

Several national and regional initiatives address the risks of loss and damage associated with climate change impacts.

Introduction

To date, there is no formal international funding mechanism for climate-related loss and damage. These are climate change impacts that cannot be prevented by mitigation and adaptation efforts. Therefore, countries need a line of defense both at the national and regional levels to help the most vulnerable populations.

14 Apr 2018 description

Countries need to build capacity and develop financial solutions for different climate risks, including those that can better address slow-onset events.

Introduction

It is becoming increasingly clear that, no matter how successful we are in reducing greenhouse gas emissions, emissions from the past have committed us to a certain degree of climate warming and therefore there are unavoidable climate change impacts.

14 Apr 2018 description

Contingency finance is a risk retention approach for addressing loss and damage associated with climate change impacts.

Introduction

Response actions in the days immediately after a disaster, such as a super typhoon, are crucial in helping the victims. Setting aside contingency or reserve funds before the disaster occurs enables countries to disburse funds faster in the wake of an emergency.

04 Apr 2018 description

PORT MORESBY, PAPUA NEW GUINEA (4 April 2018) —The Asian Development Bank (ADB) today signed a $1 million grant agreement with the Government of Papua New Guinea (PNG) to help fund priority relief and recovery activities following a 7.5 magnitude earthquake, which struck Hela Province on 26 February.

The agreement was signed by David Hill, ADB Country Director for Papua New Guinea, and Charles Abel, Deputy Prime Minister and Treasurer, at a ceremony in Port Moresby today.

28 Mar 2018 description

Foreword

The year that preceded the publication of this report was marked by dramatic political, social, environmental and economic changes in many countries around the world. The theme of the 2018 High-level Political Forum, ‘Transformation Towards Sustainable and Resilient Societies’, is therefore deeply resonant for policymakers, citizens and businesses in a changing Asia-Pacific region.

27 Mar 2018 description

Francis Daniel Bougaire est chargé en chef de la Politique et stratégie de développement dans le secteur de l’eau à la Facilité africaine de l’eau (FAE), un fonds spécial hébergé et administré par la Banque africaine de développement. La FAE octroie des dons et fournit une assistance technique afin de mettre en œuvre des projets innovants dans son domaine.

14 Mar 2018 description

Natural disasters may cause suffering and threaten life, but they can also promote economic growth.

09 Mar 2018 description

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.

10 Jan 2018 description

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.

10 Jan 2018 description

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.

19 Dec 2017 description

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.