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55051-002 - Proposed Grant and Technical Assistance Grant Pacific Regional Financing Facility
Details
Location:
Kiribati, Marshall Islands, Micronesia, Samoa, Solomon Islands, Tuvalu, Vanuatu
Category:
Unspecified/other
Status:
Formulation
Sectors:
Energy, Macro-Economy & Public Finance
Contracting authority:
Funding Agency:
Contracting authority type:
Government / Public Sector
Eligibility:
Unknown
Budget:
USD 15,000,000
Date posted:
Apr 8, 2021
Description
Project Title: Proposed Grant and Technical Assistance Grant Pacific Regional Financing Facility
Project Number: 55051-002
Countries: Regional
Hidden
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tender Background
About the Funding Agency
Asian Development Bank (HQ)
ADB - Asian Development Bank - based in Manila, Philippines since 1960.
The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
As a multilateral development finance institution, ADB provides:
- loans
- technical assistance
- grants
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Locations
Kiribati
Kiribati is a low-lying Pacific island nation classified as a small island developing state and highly vulnerable to sea-level rise and climate change. Its economy relies on fisheries licensing revenues, remittances and external assistance. Public investment priorities include coastal protection, renewable energy, transport connectivity and freshwater security. Development partners provide substantial concessional financing and grant support to strengthen climate resilience and public service delivery. Enhancing fiscal sustainability, improving infrastructure governance and expanding economic opportunities beyond subsistence and public employment remain central development challenges.
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Nr. of grants: 2042
Nr. of donors: 383
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Nr. of tenders: 6360
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Nr. of donors: 383
Nr. of jobs: 10
Marshall Islands
The Republic of the Marshall Islands is a freely associated state with the United States, with economic activity heavily supported by U.S. Compact funding, fisheries and public administration. Geographic dispersion across atolls increases infrastructure and service delivery costs, while climate change and sea-level rise pose long-term existential risks. Recent development efforts focus on renewable energy, port and water infrastructure upgrades and fiscal reform. Sustaining economic stability will depend on continued Compact arrangements, strengthened public financial management and investments that enhance climate resilience and human capital development.
Nr. of tenders: 5851
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Nr. of donors: 400
Nr. of jobs: 12
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Nr. of jobs: 12
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