Palau and ADB

In the Spotlight

News

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

Palau’s growth in 2019 of -3.0% is expected to fall again in 2020 to -4.5%, with visitor arrivals falling further because of the COVID-19 pandemic. Palau’s economy is expected to recover as travel restrictions are gradually lifted, with growth projected to rebound to 1.2% in 2021. Download report

News

ADB Expands Presence in Palau with Opening of New Office

ADB joined the Government of Palau in an inauguration ceremony to officially open the ADB Pacific Country Office (PCO) in Koror.

Institutional Document

Pacific Energy Update 2019

ADB will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion.

Video

Reliable Internet Connection is Helping Promote Tourism in Palau

Tourism in the Pacific is increasing and a key driver of economic growth. In Palau, recent internet connection upgrade is helping promote the island country's tourism industry.

Data: Palau ADB and Palau: Fact Sheet

Economic Forecast

In Palau, economic contraction is expected to continue in FY2020 with visitor arrivals falling further because of COVID-19. Charter flights from the PRC were suspended in January, while flights from other countries were discontinued or significantly reduced in March. Preliminary figures indicatea 44% drop in visitor arrivals in February.

Poverty in Palau

Development indicators for Palau, 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.

Palau: Cofinancing

Project Performance, 2000-2018

Download data: Success Rates Database

ADB Projects in Palau

Proposed

Approved/Active

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Funding Information

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Project Results

Project Result / Case Study
The Pacific Islands: The Push for Renewable Energy
A structural shift is taking place in the Pacific islands, as countries move away from fossil fuels in favor of more climate friendly forms of energy.
Project Result / Case Study
The Pacific Islands: Building Resilience to Natural Disasters
Across the region, ADB is committed to preparing climate change risk assessments for all its infrastructure investments in the Pacific.
Project Result / Case Study
The Pacific Islands: Connecting Countries to Each Other and the World
Connectivity in the Pacific has two components: the physical and the digital. ADB has been working with development partners to help people and businesses overcome their isolation.