Vanuatu Cyclone Pam Disaster Response Project (ADB-49127-001)

Countries
  • Vanuatu
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 20, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Vanuatu
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 31, 2017

Disclosed by Bank Mar 30, 2016


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Project Description
Tropical Cyclone (TC) Pam struck Vanuatu as an extremely destructive category 5 cyclone on the evening of 13 March around 11 p.m. local time. The cyclone's eye passed close to Efate Island in Shefa Province, where Vanuatu's capital, Port Vila, is located. Winds were estimated to have reached 250 kph with gusts peaking at around 320 kph. The entire country has been affected, and Port Vila suffered widespread damage from extremely strong winds, heavy rainfall, storm surges, and flooding. The southernmost islands of Tafea Province, the northern islands of Sanma, Penama and Torba Provinces are reported to have been heavily impacted by the cyclone. The communication in most of the affected areas is reported to be cut and some roads are impassable. Preliminary estimates show that more than 90% of the structures in Port Vila are damaged or destroyed. The international airport at Port Vila was closed and resumed flights only on 17 March. Most domestic airports are still closed. Radio and communication to outer islands is yet to be established.
Investment Description
  • Asian Development Bank (ADB)
Asia Pacific Disaster Response Fund
Contact Information
Ministry of Finance & Economic Management P.M.B. 058 Port Vila Vanuatu ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main