Palau and ADB
In the Spotlight
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Utilities Reform Needed for Better Service Delivery in the Pacific — ADB
Investments in basic services must be complemented by policy and regulatory reforms as well as capacity development to support a shift towards more commercially viable utilities in the Pacific, says the latest issue of the ADB Pacific Economic Monitor.
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Linking Palau to the Global Broadband Internet
Palau once relied entirely on satellite links for internet connectivity. Now a fiber-optic cable system is helping the island nation to improve delivery of government, health, and education services.
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Our Work in the Pacific
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
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High Speed Internet is Connecting Palau Women to New Opportunities
Palau's high-speed internet is the latest milestone under the North Pacific Regional Connectivity Investment Project. It boosts international connectivity, providing opportunities for women.
With outstanding natural and cultural resources, Palau has benefited from strong growth in the tourism sector that has driven overall economic growth. Despite this positive progress, as a small-island state with a population of around 20,000, Palau remains vulnerable to external economic shocks, the impacts of climate change, and other environmental and weather-related risks.
ADB’s strategy in Palau is to provide support to improve public sector effectiveness, facilitate private sector development, deliver safe water and sanitation services, and improve connectivity.
Latest
ADB Support to Boost Palau's Resilience to Natural Disasters
ADB's Board of Directors has approved a $15 million policy-based loan to help strengthen Palau’s resilience to disasters by providing a predictable and quick-disbursing source of financing.Eleven (11) Small Pacific Island Countries: Country Operations Business Plan (2019-2021)
In line with the Pacific Approach, the country operations business plan for 2019−2021 takes a multicountry approach to identify common development challenges and opportunities for operational efficiencies across the 11 small Pacific island countries.ADB Lowers 2018 Growth Forecast for Pacific, Sees Recovery in 2019
ADB forecasts economic growth of 1.1% in the Pacific subregion in 2018, down from earlier forecasts due to disaster-related challenges and declines in public spending.
Projects in Palau
Approved/Active
- Disaster Resilience Program
- Pacific Information and Communication Technology Investment Planning and Capacity Development Facility (Phase 2) - Information and Communication Technology Sector Assessment in the Pacific DMCs (Subproject 2)
- Enhancing ADB’s Support for Social Protection to Achieve the Sustainable Development Goals
- Capacity Building and Sector Reform for Renewable Energy Investments in the Pacific
- Key Indicators for Asia and the Pacific 2018-2020 – Key Indicators for Asia and the Pacific 2019 (Subproject 2)
