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WB-Pacific-Flyer-Oct2019.Pdf back front what we do & how we do it what we do & how we do it Pacific Island countries are at the global forefront of climate change and natural The World Bank has supported the hazards. The World Bank is helping reduce this rehabilitation of the South Tarawa Road in vulnerability by: Kiribati, as well as the critical road link between — building early warning systems and the airport and the capital in Samoa. climate change strengthening policies for disaster and transport & natural climate resilience; The Pacific Climate Resilient Transport Program — retrofitting roads and buildings to Connecting urban is building resilience in key roads, ports and disasters withstand natural disasters; and rural areas for other transport infrastructure in Samoa, Tonga, and Tuvalu. — strengthening community resilience; trade, transport Building resilience and community — supporting a regional disaster insurance The Pacific Aviation Investment Program is & planning adaptation engagement scheme and access to finance for post- supporting Kiribati, Tonga, Tuvalu, Samoa, against the worst disaster needs. Solomon Islands and Vanuatu to make air impacts of climate travel safer and more efficient. change When natural disasters do strike, the World Bank works with partners and governments to support their short and long-term recovery. Investments in grid-connected solar – and Through the Pacific Regional Connectivity the planned Tina River Hydropower Project Program, people in the Federated States – are helping Solomon Islands reduce its of Micronesia, Fiji, Kiribati, Samoa and Tuvalu near-total reliance on diesel for electricity. information & are being connected to internet that’s faster, energy communications more reliable and cheaper; following the The Tuvalu Energy Sector Development impact of similar work in Tonga. This work Bringing affordable, Project is working towards 40% renewable technology is delivering an average 60% reduction of reliable & clean energy in Tuvalu by the end of 2020. internet prices, and a quadrupling of users. electricity to Opening-up access businesses and In Marshall Islands, the World Bank is to the global digital The World Bank is also supporting households investing US$34m in renewable energy economy for the most governments through assistance through increased solar power, battery remote and dispersed to regulatory bodies to make phone storage, and grid management equipment. region in the world and internet access more affordable. In Papua New Guinea, the World Bank has With 35% of Pacific Islanders aged 14 or supported more than 67,000 coffee and younger, access to training and opportunities cocoa farmers to increase their skills, is vital. agriculture productivity and access to markets. employment & fisheries — In Papua New Guinea, the Urban Youth In Samoa, where almost 70% of people are Employment Project has provided 815,000 employed in agriculture, the World Bank is Improving job days of work and on-the-job training to Boosting the opportunities for productivity and working with farmers to improve livestock more than 18,500 young people – 41% of and farming practices. young people which are women. The World Bank sustainability Contact of the region’s — In Solomon Islands more than 13,000 Supporting sustainable development We’re also working with countries across young people have undertaken more than [email protected] worldbankpacific leading employer the Pacific to improve the management in Papua New Guinea & the Pacific Islands — agriculture & and sustainability of oceanic and coastal 785,000 days of work and training through @WB_AsiaPacific worldbank.org/pacificislands fisheries fisheries. the Rapid Employment Project. worldbank.org/png Inside left our mission Access to finance Fisheries Roads what we do & how we do it Working in partnership with 12 countries across the region, the World Bank is currently supporting 75 projects across Agriculture Health and education Rural development The World Bank aims to make a real difference in the lives of millions the Pacific Islands and PNG, totalling a US$1.75 billion Aviation Jobs Telecommunications In Marshall Islands, the Early Childhood commitment through a combination of IBRD and IDA of people by delivering on its twin goals: ending extreme poverty and Development project is investmenting in maternal Budget support Post-disaster recovery Tourism increasing shared prosperity. financing and Recipient-Executed Trust Funds. and child health, with a focus on the first 1,000 days * based on 1 July 2019 data Climate resilience Public service delivery Water and sanitation of life. The project is also supporting parents and With deep financial resources, combined with global expertise in health & families to improve school readiness. economic analysis and managing sustainable development, the Energy and electricity Renewable energy Cross-cutting issues REGIONAL education World Bank is supporting PNG and the Pacific Islands to be better In Tonga, World Bank support is addressing Tonga’s connected, combat the worst impacts of climate change, and create Increasing high secondary school drop-out rates, as well economic opportunities. $73m $163m $120m Gender Climate Citizen as creating alternative vocational and learning change engagement access to health pathways. & education to 9 Projects 6 Projects 8 Projects support development The Pacific Islands & Papua New Guinea NORTH PACIFIC OCEAN $95m & growth Pacific Island countries have substantial natural resources, they are rich 5 Projects in cultural diversity and are rapidly increasing their trade and digital links MARSHALL The World Bank is supporting government-led with global markets. However, Pacific countries face unique development ISLANDS policy and institutional reform. Recent Operations challenges: they are physically detached from major markets, have small have supported ambitious reforms, including: populations spread across many islands, they are confronting the worst — improved government revenue management in impacts of climate change, and are some of the most vulnerable countries PALAU FEDERATED STATES PNG, Samoa and Tonga and debt management OF MICRONESIA $25m policy & in Kiribati, Samoa, Solomon Islands and Tonga; to natural disasters in the world. $0.6m institutional 2 Projects — stronger oversight of fisheries revenues in We are supporting Pacific Island countries to build on their strengths, 1 Project reforms Kiribati and Tuvalu; while managing their vulnerabilities. — strengthened management of government NAURU KIRIBATI Improving assets in Kiribati and Tuvalu. public policy PAPUA These operations have: & institutions NEW — advanced telecommunication sector reform GUINEA SOLOMON to drive our structure TUVALU in Kiribati; ISLANDS $186m development — strengthened climate and natural disaster The World Bank Group SAMOA 8 Projects resilience in Samoa and Fiji; — supported taxes on tobacco, alcohol, and unhealthy foods in Samoa, Tonga and Tuvalu; VANUATU — helped improve the business environments THE WORLD BANK International The The in Fiji, Tonga, Kiribati, Samoa, and Solomon Finance Multilateral International International International Islands. Corporation Investment Centre for Bank for Development (IFC) Guarantee Settlement of FIJI Reconstruction Association Agency Investment & Development (IDA) The World Bank provides advisory and research Focused (MIGA) Disputes $135m (IBRD) TONGA exclusively on services in areas of strategic importance for Provides the private MIGA offers Provides 7 Projects the Pacific. Lends to interest-free sector, the political international governments loans & grants — The World Bank’s Pacific Possible research IFC provides risk insurance facilities for of middle- to governments advisory advice to (guarantees) conciliation has provided Pacific governments and income & of the poorest $569m $184m $144m $56m businesses & to investors & arbitration services development partners with deep insights into creditworthy countries. governments, and lenders of investment low-income the transformative opportunities and challenges & contributes to promote disputes. 10 Projects 11 Projects 5 Projects 2 Projects countries. debt & equity foreign direct Increasing research the region will face in coming decades. financing to investment & analytical capacity — The twice-yearly Papua New Guinea Economic commercial into for better decision Update provides clear, comprehensive analysis companies. developing SOUTH PACIFIC OCEAN making countries. The boundaries, colors, denominations and other information shown on any map in this work do not imply any judgment on the of one of the largest and most significant part of The World Bank Group concerning the legal status of any territory or the endorsement or acceptance of such boundaries. economies in the region..
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