How the Australia-ADB partnership is benefiting the Pacific.

ENPNewswire-October 5, 2021--How the Australia-ADB partnership is benefiting the Pacific

(C)2021 ENPublishing -

Release date- 04102021 - Australia has provided $23.4 million in grants to support the Sustainable Transport Infrastructure Improvement Program in Solomon Islands.

Australia is a founding member of the Asian Development Bank (ADB), which was established in 1966. For more than five decades, ADB and Australia have been partners in providing assistance to the bank's members through cofinanced programs and projects. From January 2014 to December 2020, Australia has cofinanced more than $216 million in grants and technical assistance for Pacific projects, which have brought significant impact to the region.

Through its Department of Foreign Affairs and Trade (DFAT), Australia funds development work in the Pacific that supports infrastructure; trade facilitation and international competitiveness; agriculture, fisheries, and water; governance; education; health; building resilience; measures to address climate change; gender equality and empowering women and girls.

DFAT is also a founding partner of the Pacific Region Infrastructure Facility (PRIF) and has been a major contributing partner since PRIF's establishment in 2008. PRIF is an investment coordination and technical assistance facility that supports the planning, prioritization, coordination, and management of infrastructure in the Pacific. In 2019, DFAT provided more than $4 million in knowledge and support technical assistance that will aid the PRIF coordination office for another four years, or until October 2023.

Australia has supported the Sustainable and Climate-Resilient Connectivity Project with a $14.1 million grant. The project will improve port operations in Nauru by building a wharf, breakwater, and a berth pocket at Aiwo; reconstructing port buildings and the container storage area; and strengthening the institutional capacity of Nauru's Port Authority.

Ebeye Water Supply and Sanitation Project

The Ebeye Water Supply and Sanitation Project is improving water and sanitation systems in Ebeye, the second largest population center in the Marshall Islands. As of December 2020, Australia has provided $4.9 million in technical assistance and grants to the project.

Private sector support

Along with New Zealand and ADB, Australia also cofinances the Pacific Private Sector Development Initiative (PSDI), which was founded in 2007 and provides...

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