Nakao also took the opportunity to congratulate Niue on becoming the 68th member of ADB. Brenson Wase, co-chaired the meeting and urged international partners to work with DMCs in the region to protect the health of the Pacific Ocean, build resilience against the impact of climate change and disasters, and overcome the constraints of geographical isolation and dispersed populations. Wase explained at the meeting. This includes key areas such as climate change, disaster risk management, project preparation, procurement, and capacity building across the region. Second, ADB is scaling up its financial support for the Pacific.
World Health Organization, Asian Development Bank (ADB)
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Asian Development Bank
The suggestion for the creation of Asian Development Bank ADB was initially made by the Economic Commission for Asia and Far East ECAFE in for the purpose of lending funds, promoting investment, rendering technical assistance to the developing countries and fostering economic growth and co-operation in the developing countries of Asia and the Pacific region. This institution formally commenced its operation in December Its headquarters are located in Manila, Philippines.
The Asian Development Bank ADB was conceived in the early s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Economic research and statistical work contributes to knowledge generation in ADB and help strengthen its institutional priorities and effectiveness of country operations. By augmenting the stock of knowledge of developing member countries and the region and disseminating it, ADB's capability to provide informed policy advice and undertake capacity building is enhanced. Skip to main content.