Asian Development Bank

ADB’s Pacific Approach, 2021-2025 serves as the country partnership strategy for the Marshall Islands and focuses on building resilience against economic shocks, delivering sustainable services, and promoting inclusive and sustainable growth while recovering from the impacts of the COVID-19 pandemic. The priority areas under the strategy include (i) a more programmatic approach to climate change support; (ii) a deeper focus on long-term capacity support including the use of capacity supplementation; (iii) increased flexibilities in procurement and contracting; and (iv) an emphasis on gender equality. Recognizing the need for capacity support to complement infrastructure development, ADB is helping improve public sector performance alongside infrastructure works.

Cumulative sovereign loan and grant disbursements to the Marshall Islands amount to $136.62 million. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and other special funds.