Climate Change and Disaster Risk Management: News Releases

ADB today announced a $1 million grant to the Government of Vanuatu to help fund priority recovery activities following Tropical Cyclone Harold, which tore through the center of Vanuatu on 6 April.

ADB has provided a $3 million grant to the Government of Tuvalu to help fund priority early recovery activities and life-saving services following the onslaught of Tropical Cyclone Tino, which tore through the country on 17 January.

ADB and the Royal Norwegian Embassy in Pakistan signed an agreement today to support the National Disaster Risk Management Fund, further strengthening financing for natural disaster risk reduction and preparedness in the country.

ADB has achieved a key commitment to double its annual climate investments from $3 billion in 2014, hitting a record high of more than $6 billion in climate-related financing in 2019. ADB was the first MDB to make a climate...

GCF today approved $100 million in funding for an ADB project in Shandong province in the PRC that will showcase new ways to mobilize private, institutional, and commercial financing for climate change mitigation and...

ADB joined the Government of Tonga and other development partners in an inauguration ceremony today to officially open the Niu’ui Hospital in its new location in Ha’apai.

ADB has approved $24 million in contingent disaster financing for the second phase of the Pacific Disaster Resilience Program to strengthen and boost disaster resilience efforts in FSM, the Marshall Islands, Solomon Islands, and Tonga.

ADB has approved a €88.73 million ($100 million) loan to help establish the SGDF and attract private, institutional, and commercial financing for climate mitigation and adaptation projects in Shandong Province in the PRC.

ADB has approved a $18.28 million grant to fund priority urban infrastructure in Tonga and help improve the country’s climate and disaster resilience efforts.

Atoll nations are on the front line of climate change and require immediate action to combat the impact of land loss, beach erosion, loss of fisheries, and water shortages—a situation that threatens their development and stability...