ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
Tuvalu and ADB
Overview
ADB has been supporting Tuvalu since 1993, committing loans totaling $7.9 million, grants of $60.8 million, technical assistance worth $10.7 million, and ADB-administered cofinancing of $2.8 million. Cumulative loan and grant disbursements to Tuvalu amount to $36.3 million.
ADB Membership
Joined 1993
Shareholding and Voting Power
Number of shares held:
150 (0.001% of total shares)
Votes:
39,264 (0.295% of total membership, 0.453% of total regional membership)
Overall capital subscription:
$2.16 million
Paid-in capital subscription:
$0.12 million
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Pacific Approach, 2021-2025
The Pacific Approach, 2021–2025 serves as ADB’s operational framework in the region and as its partnership strategy for the 12 small Pacific island countries.
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ADB, New Zealand Helping Vanuatu Expand Interisland Shipping
A fifth route is to be added to a shipping scheme in Vanuatu which is connecting remote communities by sea and boosting social activities and economic growth.
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Pacific Economic Outlook Weakens, But Vaccination Progress Provides Optimism — ADB
Despite a weakening economic growth forecast for the Pacific, recent progress in vaccination rollouts and stronger public health measures are providing optimism for the safe reopening of borders in the near term, according to...
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Central Bank Digital Currencies: A Potential Response to the Financial Inclusion Challenges of the Pacific
This policy brief considers whether central bank digital currencies (CBDCs) can promote the accessibility of financial services in Pacific island countries and the design choices involved in their development.
Projects in Tuvalu View all projects
Approved/Active
- Supporting Quality Infrastructure and Effective Project Implementation in the Pacific
- Supporting Public Sector Management Reforms
- Building Coastal Resilience through Nature-Based and Integrated Solutions
- Systems Strengthening for Effective Coverage of New Vaccines in the Pacific Project under the Asia Pacific Vaccine Access Facility (Additional Financing)
- Preparing the Pacific Regional Financing Facility
