On 8 November 2013, Typhoon Yolanda (Haiyan), one of the most powerful storms ever recorded to hit land, devastated a huge area of the Central Philippines. In response, ADB immediately designed and approved more than $900 million in assistance for relief, recovery, and reconstruction of Yolanda-hit areas. In addition to grants and loans, ongoing ADB projects for transport, conditional cash transfers, and agrarian reform were re-designed to help affected communities.
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.
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ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Typhoon Yolanda (Haiyan): ADB's Response
Infographic | 07 November 2014
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