Sustainable and Climate Resilient Connectivity for Nauru (GCF-FP052)

Countries
  • Nauru
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
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.
Borrower
Government of Nauru
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Transport
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)
$ 26.91 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)
$ 26.91 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)
$ 65.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 29, 2020


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Project Description

Constructing a climate-resilient, year-round port for Nauru, preserving the vital sea-link for its 11,300 population deep in the Pacific.

Constructing a climate-resilient port that can operate year-round will provide the basis for regional and international maritime transport. The rehabilitation and climate-proofing of the existing infrastructure will be combined with supporting reforms of the Nauru Port Authority to assure long-term viability of the investment. The upgraded port infrastructure will feature a channel for oceangoing ships, a wharf with a turning berth, a breakwater to shelter the wharf and berth from waves, and other facilities.

Investment Description
  • Green Climate Fund (GCF)

Co-Financing:
Asian Development Bank's Grant USD 20.7 M
Government of Australia's Grant USD 13.5 M
Government of Nauru's Grant USD 4.1 M

Contact Information

Ms. Angelique Dawn A. Badelles
Tel: +63-2-632-5704
adb-gcf@adb.org
Mr. Christian Ellermann
Tel: +63-2-632-4564
adb-gcf@adb.org

ACCESS TO INFORMATION

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