Nauru and ADB
In the Spotlight
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Pacific Energy Update 2017: Nauru
Nauru is working to build generation capacity and refurbish existing equipment to provide more reliable power supply to its population.
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Pacific Growth to Pick Up in 2017 — ADB Report
Pacific economies face gradually improving growth prospects in the next 12 months on the back of stronger economic fundamentals, says a new ADB report.
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Pacific Urban Update 2016: Nauru
The proposed Urban Development Project will improve access to safe and affordable housing and urban services in Nauru.
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GCF Supports ADB to Accelerate Shift to Renewable Energy in the Pacific
The Green Climate Fund (GCF) has approved funding to support a proposed ADB program that will assist seven Pacific island countries to transition to a renewable energy future.
Nauru is the world’s smallest island nation, located significant distances from international markets.
In recent years, the economy has benefited from the presence of a regional processing center for asylum seekers, strong revenues from fishing licenses, and the liquidation of the Nauru Phosphate Royalties Trust. Economic and fiscal sustainability, however, remain key concerns for the government. The country relies on narrow and uncertain sources of revenue, with limited private sector opportunities. Education outcomes are improving but are still poor by international standards, while rates of noncommunicable diseases are among the highest in the world.
ADB and Nauru have been working together to strengthen public financial management, raise the performance of state-owned enterprises, improve service delivery, and address infrastructure needs.
Latest
New ADB Director General for Pacific Assumes Office
ADB has appointed Ma. Carmela Locsin as the new Director General for its Pacific Department. Ms. Locsin, who assumed office today, is the first woman to head the department.
ADB, USP Sign Cooperation Agreement to Strengthen Knowledge Collaboration
ADB and The University of the South Pacific have signed a cooperation agreement to boost knowledge collaboration between the two organizations.
New Facility to Boost Energy Security, Clean Energy in Pacific
ADB has approved a new Pacific Renewable Energy Investment Facility which will finance a series of renewable energy projects and sector reform in the smallest 11 Pacific island countries.
Projects in Nauru
Funding Information
Fast Facts
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1.8%
Average annual population growth rate in Nauru (2011-2016)
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54%
Internet users in Nauru (2011)
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0.01
Population in Nauru, in millions (2016)
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25.1%
Population living below the national poverty line in Nauru (Before 2010)