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Marshall Islands and ADB

ADB is working to promote renewable energy sources, shore up energy security, raise educational standards, strengthen public financial management, and improve governance in the Marshall Islands.

In the Spotlight

News Release

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

Tourism in the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.

Video

In Ebeye - Clean, Running Water is a Lifesaver

A new water and sewage plant in Ebeye, one of the most densely populated locations on earth, is helping to ease the prevalence of water-borne diseases.

News Release

Kacific1 Satellite Launch to Bring Affordable Internet to Remote Parts of Asia and Pacific

Kacific has launched the Kacific1 satellite to expand high-speed broadband internet access across Asia and the Pacific. ADB provided $50 million in financing to Kacific for the satellite to deliver internet that will enable better education and health services, improve access to information, and drive more trade and connectivity between countries.

Publication

Marshall Islands: Development Effectiveness Brief

This country brief summarizes how the partnership of ADB and the Marshall Islands has been instrumental to the development of the country. Since becoming an ADB member, the Marshall Islands had received some $107 million in loans and technical assistance by year-end of 2010.

Economic Forecast

In the Marshall Islands, economic growth is likely to decelerate in FY2020 as travel and transport restrictions caused by COVID-19 depress growth, notably in construction, agriculture and fishing, and trade. The continuing dengue epidemic will, along with measles, influenza, and COVID-19, further strain the public health system. Growth is seen to rebound in FY2021 as most restrictions are gradually eased.


Poverty in the Marshall Islands

Development indicators for the Marshall Islands, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.


Projects Cofinanced, 2014-2018

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.


Project Performance, 2000-2018

ADB Projects in the Marshall Islands

Project Results

News

22 Apr 2020 | News from Country Offices

ADB Announces $6 Million Grant to Help Marshall Islands Combat COVID-19

ADB today announced the release of a $6 million grant from its Pacific Disaster Resilience Program (Phase 2) to help finance the Government of the Marshall Islands’ response to the novel coronavirus disease (COVID-19) pandemic.

03 Apr 2020 | News from Country Offices

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

01 Apr 2020 | News from Country Offices

ADB Announces $1.53 Million in Grants to Help Pacific Combat COVID-19

ADB announced today $1.53 million in grants from its Asia Pacific Disaster Response Fund to help finance the response to the COVID-19 pandemic in the Federated States of Micronesia, the Marshall Islands, Nauru, and Tuvalu.

06 Mar 2020 | News from Country Offices

Leah Gutierrez Begins as ADB's Pacific Director General

Leah Gutierrez is ADB's new Director General for its Pacific Department.

Contact

Pacific Department (PARD) - Asian Development Bank (ADB)

6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

  Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)

  Tel +632 6325346
  Fax +632 6362444
  E-mail

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