Samoa: News Releases
Read news releases related to Samoa.
Latest News Releases
Rising Fiscal Challenges in the Pacific in 2014 - ADB
Fiscal pressures are expected to increase in the Pacific in 2014, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor, launched today at the offices of the New Zealand Aid Programme.
Major Report Details Potential Costs of Climate Change in the Pacific - ADB
The economic loss suffered by the Pacific region could range from 2.9% to as high as 12.7% of annual GDP by 2100, according to a new study from ADB.
Samoa's Climate Change Losses Could Reach 3.8% of GDP by 2100 - ADB
A potential 2°C rise in temperature, a pickup in extreme winds and tropical storms, and a possible sea level rise of up to 1.25 meters could cost Samoa’s economy as much as 3.8% of its annual GDP by 2100, says a new Asian Development Bank (ADB) study.
ADB to Help Samoa Boost Energy Security and Hydro Electricity
Samoa will reduce its reliance on fossil fuels and improve its energy sector’s resilience to future natural disasters with a $23.8 million project funded by ADB to rehabilitate three small hydropower plants on Upolu and construct three new hydropower plants on Upolu and Savai’i.
ADB, Samoa Implement Public Sector Reforms and Cyclone Reconstruction
ADB and Government of Samoa have signed a policy-based grant worth $14 million to help the Government in its efforts to achieve long-term fiscal stability, improve the country’s growth prospects, and reduce the vulnerability of Samoa’s economy to fiscal and climatic shocks.
Pacific Fuel Demand Is High But Alternatives Are in Sight - ADB
The Pacific region’s primary energy demand is projected to more than double from 3.6 million tons of oil equivalent in 2010 to 8.8 tons of oil equivalent in 2035 at an annual rate of 3.7%, the Asian Development Bank (ADB) says in its latest Energy Outlook for Asia and the Pacific, which notes that while these high energy demands present significant challenges, energy efficiency and renewable energy options hold great promise.
Power Swaps Can Help Asia-Pacific Manage Daunting Future Energy Needs - Report
Cross-border power exchanges can play a central role in helping Asia and the Pacific meet its booming demand for power, which is set to sharply outpace the rest of the world’s over the next two decades, says a comprehensive new report from ADB.
Asia Must Step Up Governance Reforms to Sustain Growth and Development
Asia and the Pacific's economic gains must be matched by stepped-up efforts on governance so that growth benefits can be more evenly shared and development progress locked in, says a new ADB report.
Developing Asia Slowing Amid Global Financial Jitters
Softer than expected economic activity in the People’s Republic of China (PRC) and India and jitters over the United States (US) quantitative easing (QE) program will weigh on Asia and the Pacific’s growth prospects in the near term, says a new Asian Development Bank (ADB) report.
Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report
Industrialization must be an essential part of the growth formula if Asian countries want to prosper and avoid the middle income trap, says a new ADB report.