COVID-19 (Coronavirus): ADB's Response

In the Spotlight

Video

ADB Announces $9 Billion COVID-19 Vaccine Initiative for Developing Asia

ADB's $9 billion vaccine initiative, the Asia Pacific Vaccine Access Facility, or APVAX, will provide a comprehensive program to support developing Asia’s vaccine process. Read the news release

Report

Asian Development Outlook Update: Paths diverge as Developing Asia moves toward recovery

Economic activity in Developing Asia is forecast to contract by 0.4% this year, and then expand by up to 6.8% in 2021.

Video

ADB Insight: Reopening Tourism

In Episode 2 of ADB Insight, we look at the impact COVID-19 has had on tourism in Asia and the Pacific and what needs to happen for the industry to welcome travelers and holidaymakers back. Watch now

Blog Entry

Fintech can drive a strong post-COVID-19 recovery in Asia

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

ADB's Response

News Releases on COVID-19 Financial Assistance to ADB Members

11 Dec 2020

$9 Billion ADB Facility to Help Members Access and Distribute COVID-19 Vaccines

ADB has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable support to its developing members as they procure and deliver effective and safe vaccines.
08 Dec 2020

ADB Approves Additional Financing to Help COVID-19 Affected Microenterprises in Bangladesh

The Asian Development Bank has approved a $50 million loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the coronavirus disease (COVID-19) pandemic.
07 Dec 2020

ADB Approves $2.5 Million Grant for Georgia’s Fight Against COVID-19

ADB has approved a $2.5 million grant to support Georgia’s ongoing response to the coronavirus disease (COVID-19) pandemic.
04 Dec 2020

ADB Provides $16.9 Million Grant to Help Vanuatu Respond to COVID-19

The Asian Development Bank has approved a $16.9 million grant to help the Government of Vanuatu respond to the coronavirus disease (COVID-19) pandemic.

More COVID Financial Packages

Articles on COVID-19

14 Oct 2020 | Article

Q&A: How ADB assists a sustainable recovery in Indonesia with ADB’s Country Director for Indonesia Winfried Wicklein

To find out how ADB has been responding to the COVID-19 crisis in Indonesia, MVB’s Chairman Alistair Speirs talked to ADB’s Country Director for Indonesia Winfried Wicklein.
22 Sep 2020 | Article

Trade in the shadow of COVID-19: Going forward together, not apart

ADB’s Trade and Supply Chain Finance Program's supply-chain mapping tool aims to identify blockages and other impediments to critical goods being produced and distributed for COVID-19 response.
15 Sep 2020 | Article

How countries in Asia and the Pacific are working toward universal health coverage and controlling COVID-19

The spread of the coronavirus disease (COVID-19) pandemic across Asia and the Pacific has exposed the gaps and deficiencies in the region’s health systems and the interdependence between health security and economic stability.
31 Aug 2020 | Article

New ADB tool offers roadmap to unblock supplies of life-saving products

New ADB online tool maps supply chains for PPE, medical equipment, treatments, tests and vaccines that are crucial to the fight against COVID-19.

Photo Essay

COVID-19: Responding to the Present Crisis, Preparing for Future Challenges

ADB is formulating an aggressive set of actions to protect the poor, the vulnerable, and wider populations across Asia and the Pacific. And to ensure economies will rebound as swiftly as possible.