New Pacific Approach Sets out New Strategy for Small Island Developing States

Video | 9 July 2021

The Pacific Approach, 2021-2025 is the Asian Development Bank’s development blueprint for the Pacific’s 12 small island developing states (SIDS): Cook Islands, the Federated States of Micronesia, Kiribati, the Marshall Islands, Nauru, Niue, Palau, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.

ADB’s new Pacific Approach has three core objectives: build resilience to shocks such as the coronavirus disease (COVID-19) pandemic, deliver sustainable services, and support inclusive growth by scaling up ADB’s private sector operations in the region.

With the region still grappling with the health, social, and economic impact of the pandemic, the Pacific Approach also has a stronger emphasis on health care services and social protection, as well as a new climate strategy for the region.

Transcript

The Pacific Approach 2021-2025 is a new strategy from ADB

A blueprint for 12 Pacific countries: Cook Islands, Federated States of Micronesia, Kiribati, Marshall Islands, Nauru, Niue, Palau, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.

A strategy targeting each country’s unique and common development needs:

Rebounding from the global pandemic

Advancing health, social protection, and gender equality

Expanding support for the private sector

Enhancing resilience against climate change and natural disasters

The Pacific Approach is among ADB’s most important work

And that work matters more than ever.