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Indian Ocean Tsunami Response
The tsunami and earthquake that struck the Indian Ocean basin on 26 December 2004 was one of the worst disasters in recent memory, killing more than 225,000 people in 11 countries.
ADB responded to the crisis by launching the largest grant program in its history. As of 30 June 2007, ADB's total approved assistance and cofinanced funds for tsunami-affected countries stood at US$892.035 million. Of this, $725.14 million, or 81%, is grant funding.
Much of the grant funding came from the $600 million Asian Tsunami Fund (ATF), which ADB established soon after the disaster. ADB also identified $175 million to be redirected from ongoing projects to tsunami assistance.
More than three years after the Indian Ocean tsunami, substantial progress has been made in the most badly affected regions yet enormous work still lies ahead to help these communities fully recover from the unprecedented disaster.
The table below shows a summary of ADB assistance (US$ million including cofinancing) to the five countries most affected by the tsunami.
Assistance by country and sectors
An ADB $291 million grant is financing the Earthquake and Tsunami Emergency Support Project (ETESP) to support disaster management, reconstruction and rehabilitation in affected areas of Aceh and North Sumatra. In addition, ADB has contributed a $10 million grant to the MultiDonor Fund for Aceh and Nias.
ADB's multi-sector tsunami assistance package in Indonesia covers agriculture, fisheries, irrigation, micro and small enterprise development, housing, water and sanitation, health, education, transport, power, spatial planning and environmental management, and fiduciary oversight.
ADB's $205 million loan and grant assistance package is aimed at restoring livelihoods and to rehabilitate and reconstruct damaged infrastructure in Tamil Nadu and Kerala.
ADB's nearly $265 million grant assistance package is being used to reconstruct roads and railways, as well as restore livelihoods. Disbursement priority areas include housing reconstruction, microfinance for livelihood programs, and coastal protection.
ADB's tsunami grant assistance package of $21.85 million in grants and $1.8 million in loans is helping to restore infrastructure, including transport and power, as well as livelihoods, with help for agriculture and fisheries.
A $2.2 million grant program is helping to develop a coastal management plan aimed at coral reefs and mangrove forests.