Pacific Disaster Resilience Program (ADB-50028-001)

Countries
  • Samoa
  • Tonga
  • Tuvalu
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
Active
Bank Risk Rating
C
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
Dec 14, 2017
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 Samoa, Government of Tonga, Government of Tuvalu
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 17.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 6.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 8.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 11, 2019

Disclosed by Bank Sep 28, 2018


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Project Description

According to the bank website, the program will improve the resilience of the participating countries to disasters triggered by natural hazards. It will support policy actions in disaster risk management (DRM), and provide participating Asian Development Bank (ADB) Pacific developing member countries (DMCs) with a source of contingent financing for timely disaster response, early recovery, and reconstruction activities. The attached TA will support DRM in participating DMCs, and assess the options for, and potential costs and benefits from, a collaborative multi-country mechanism to provide contingent financing in the event of disasters triggered by natural hazards.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Uusimaa, Hanna K.
Responsible ADB Department Pacific Department
Responsible ADB Division Urban, Social Development & Public Management Division, PARD
Executing Agencies
Ministry of Finance
V-TAGILIMA@TREASURY.GOV.WS
Ministry of Finance
Government of Samoa
Private Bag, Apia, Samoa

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