ADB is expecting growth to moderate across ADB's Pacific developing member countries (DMCs) this year (including Timor-Leste), mostly as a result of solid but slower growth in a few of the region’s larger, natural resource–extracting economies. The region's growth has fallen from the post-global economic and financial crisis high of 8.3%, to 7.2% in 2012, and growth is projected at 5.2% in 2013.
New Zealand and ADB are collaborating with Pacific nations to help them achieve their development goals.
Contingent financing provides quick, flexible financing for vulnerable countries in the Pacific to respond and rebuild after disasters
Pacific nations, led by the smallest and least well-off, moved decisively to restrict travel from a fast-growing list of COVID-19 affected countries.
In the fragile energy scenario of small Pacific islands, contingency plans are crucial to keep the lights on during a crisis.
The pandemic is producing more household waste and increased amounts of dangerous medical waste. We need to manage these changes for our immediate safety and for the long-term welfare of our communities.
Pacific island nations have been among the top performers worldwide in controlling COVID-19. A greater emphasis on water, sanitation and hygiene practices will help continue that success.
The pandemic is changing consumer behavior and expectations in the Pacific, particularly when it comes to using digital tools for financial transactions.
The immense distance between islands in the Pacific creates challenges for accessing resources, particularly for women. Targeted policies, tailored for their needs, are required.
Harnessing advanced smart port technologies can enhance physical and economic resilience of “lifeline” ports in the Pacific.