- ADB’s new Pacific Approach focuses on improving transport, combating climate change, expanding renewable energy, and boosting information & communication technology.
- Recognizing the impacts of the COVID-19 pandemic, ADB’s Pacific Approach emphasizes health care services and social protection, and Climate Action for the Pacific.
- WATCH: ADB’s Pacific Approach 2021-2025 sets out the country partnership strategy for 12 Pacific small island developing states
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.
