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 69 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
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.
Marshall Islands and ADB
ADB partners with the Marshall Islands in strengthening energy security; water, sanitation, and solid waste management; education; public financial management; and governance.
In the Spotlight
Understanding Fragility in Asia and the Pacific
Understanding the roots and complexities of fragility helps ADB meet the challenges facing many countries in Asia and the Pacific.
ADB, Marshall Islands Sign $52.5 Million Grant to Boost Water Security and Urban Resilience
ADB and the Government of Marshall Islands have signed a grant agreement of $52.5 million to support the improvement of urban services in Majuro and Ebeye.
Pacific Economic Monitor – August 2024: Building Resilience the Pacific Way
This report analyzes challenges and opportunities affecting efforts to build resilience to shocks in the Pacific.
Five Actions to Boost Financial Inclusion for Women-Led Small Businesses in The Pacific
Inclusive financial practices are essential to support women-led micro, small and medium-sized enterprises in the Pacific. Innovative solutions, policy reforms, and capacity-building initiatives are needed to address the gender-finance gap. These strategies foster economic growth, poverty reduction, and more equitable access to financial resources.
Marshall Islands Facts
ADB's Work in the Marshall Islands
The Marshall Islands experienced economic downturns amid the COVID-19 pandemic, with the fisheries export sector bearing the brunt of the impact. After experiencing a 0.7% contraction in FY2022, GDP is estimated to have rebounded by 2.5% in FY2023.
To date, ADB has committed 78 public sector loans, grants, and technical assistance totaling $204 million to the Marshall Islands.
Data: Marshall Islands
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for the Marshall Islands, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in the Marshall Islands View all projects
Featured
Thanks to investment from Australia and ADB, a new clean water plant in Ebeye, in the north-west corner of the Marshall Islands, is changing lives.
Approved/Active
Proposed
What's New
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| Video
Understanding Fragility in Asia and the Pacific
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| News Releases, News from Country Offices
ADB, Marshall Islands Sign $52.5 Million Grant to Boost Water Security and Urban Resilience
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| Policies, Strategies, and Plans
Summary of Midterm Review: Fragile and Conflict-Affected Situations and Small Island Developing States Approach
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| Publications, Reports
Pacific Economic Monitor – August 2024: Building Resilience the Pacific Way
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| News Releases, News from Country Offices
Continued Growth Projected for the Pacific, but Resilience still Needed — ADB
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| Speech
Energy Transition Challenges, Opportunities, and Way Forward - Scott Morris
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| Publications, Brochures and Flyers
Asian Development Bank and the Marshall Islands: Fact Sheet
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| News Releases, News from Country Offices
Palau Growth Outlook Up As Tourism Climbs — ADB
Contact: Pacific Department (PARD)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Office Hours: 8:30 a.m. to 5:30 p.m. (Monday to Friday)
Fax +63 2 86362444
Marshall Islands Pacific Country Office
Marshall Islands Resort, PO Box 3279,
Majuro, Marshall Islands 96960
The ADB Pacific Department (PARD) provides the primary operational link for activities between ADB and the government, the private sector, civil society stakeholders, and development partners. The Pacific Department engages in policy dialogue, country partnership strategy development and programming, and portfolio management, while also acting as a knowledge base on development issues in the Marshall Islands.
The Marshall Islands Pacific Country Office will be closed on these dates:
- New Year's Day: 1 January (Monday)
- Nuclear Survivor's Day: 1 March (Friday)
- Good Friday: 29 March (Friday)
- Independence Day (RMI): 1 May (Wednesday)
- National Fisherman's Day*: 5 July (Friday)
- Rijerbal (Labor equivalent) Day*: 6 September (Friday)
- National Manit (Culture) Day*: 27 September (Friday)
- President's Day: 18 November (Monday), in lieu of 17 November
- Gospel Day*: 6 December (Friday)
- Christmas Day: 25 December (Wednesday)
* = Subject to moon sighting
Last updated: 14 December 2023