Creating new opportunities while building resilience to climate change: ADB's Pacific transport update 2022
The 14 Asian Development Bank’s Pacific Developing Member Countries face severe development constraints. They show remote and fragmented geography and limited infrastructure while experiencing also climate change impact, and increasingly frequent occurrences of disasters triggered by natural hazards.
Their small size, isolation, and high exposure to climate risks and disasters combined with limited financial resources and gaps in meeting the demand make the role of the Asian Development Bank (ADB) crucial. Through the Pacific transport update 2022, the Asian multilateral lender has highlighted the impacts and outcomes of initiatives completed in 2020 and 2021, and active as of December 2021.
ADB projects helping empower people and economies
The key issue when it comes to transport in the Pacific area is to build resilient and sustainable transport links that could empower people and economies by facilitating access to markets, opportunities, and essential goods and services. Self-evidently, increasing resilience to natural hazards by integrating di