ADB’s interim Pacific Approach, 2015 serves as the country partnership strategy for Vanuatu. It extends the validity of the Pacific Approach, 2010-2014 until the ADB Board of Directors endorses the new Pacific Approach in January 2016. This interim approach guides the country operations business plans (COBPs) of Vanuatu and nine other small Pacific developing member countries, and the Pacific regional cooperation business plans.
The COBP 2016-2018 for Vanuatu is also aligned with the goals and objectives of the country's Priorities and Action Agenda, 2006-2015, as well as its infrastructure strategic investment plan and national energy road map.
ADB’s assistance is focused on energy, transport, and water and other urban infrastructure and services. Vanuatu is recovering from the impact of Tropical Cyclone Pam, a category-5 cyclone that caused significant damage when it struck on 13 March 2015. Scaling-up of assistance in response to immediate and post-recovery needs is ongoing. Private sector development is supported through the Pacific Private Sector Development Initiative.
Latest Country Strategies and Business Plans
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.