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Loss and damage board speeds up work to allow countries direct access to funds

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The board of the loss and damage fund is set to pick its host nation in July as it speeds up the process to...

Tuvalu and other Pacific countries can expect higher grant from ADF14

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Tuvalu and other Pacific countries can expect a higher concessional grant from the Asian Development Finance (ADF) – with the new USD$50 billion pledge...

Pacific countries welcome ADB shift to become a climate bank for the Asia Pacific region

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The move by the Asian Development Bank (ADB) to promote itself as climate bank for Asia Pacific region has been welcomed by its 14...

Call on ADB to secure correspondent banking partners for Pacific countries

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Pacific countries have sought the help of the Asian Development Bank (ADB) to secure correspondent banking partners to increase investment and raise opportunities for...

U.S regards procurement reforms a critical issue for ADB to address

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The United States, one of the donors of the Asian Development Bank (ADB) has raised the issue of procurement as a critical issue for...

Japan calls on ADB to put particular emphasis on SIDS in disbursement of ADF14

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Japan, the largest donor to the Asian Development Bank (ADF) has asked that particular emphasis is placed on Small Island Developing States (SIDS) in...

Australia welcomes reforms at ADB and responsiveness to Pacific members

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Australia has welcomed the Asian Development Bank’s responsiveness to concerns of its developing member countries in the Pacific on the complex issues surrounding quality...

ADB rolls-out gender equality toolkit for PPP projects

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Private and public companies that bid for contracts funded through the Asian Development Bank’s Public-Private Partnership (PPP) can expect gender equality component requirements in...

Fiji raises concerns of climate finance for Pacific at ADB Annual Meeting

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Innovative and well thought out green monetary policies like green and blue bonds are great to address climate action – but negligible when compared...

ADB positions itself as climate bank for the Asia Pacific region

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The Asian Development Bank (ADB) has reformed and positioned itself as the climate bank for the Asia Pacific region. And the bank has matched it...

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Pacific Trade Ministers back new five-year Aid-for-Trade strategy

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Pacific Islands Forum Trade Ministers have endorsed a new five-year Pacific Aid-for-Trade Strategy, reaffirming the region’s commitment to using trade to drive economic development...

Renewable power generation records its fastest growth ever

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The Renewable Energy Statistics 2026 released by the International Renewable Energy Agency (IRENA) Tuesday shows that renewable electricity generation grew by 9.8 percent in...

Ocean of peace requires one standard for all

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Papua New Guinea Prime Minister James Marape’s call for the Pacific to remain “an Ocean of Peace” deserves widespread support. Few regions have suffered the...