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    Fiji reached the podium alongside favourites Tahiti and New Caledonia in this new Pacific Games event. Photos: Aaron Ballekom, Pacific Games News Service

    Fiji share podium with Tahiti and New Caledonia at inaugural triathlon 2×2 mixed relay

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    Fiji reached the podium alongside favourites Tahiti and New Caledonia in this new Pacific Games event. Photos: Aaron Ballekom, Pacific Games News Service

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  • News
    Fiji reached the podium alongside favourites Tahiti and New Caledonia in this new Pacific Games event. Photos: Aaron Ballekom, Pacific Games News Service

    Fiji share podium with Tahiti and New Caledonia at inaugural triathlon 2×2 mixed relay

    Tragic Loss for Broadcast Media in Honiara

    Tragic Loss for Broadcast Media in Honiara

    Over 15,000 Enthusiastic Fans Pack Lawson Tama for Showdown

    Over 15000 Enthusiastic Fans Pack Lawson Tama for Showdown

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    Pacific Leaders Support Teams in Honiara For Pacific Games

    Landmark Agreement Resolves Kongulai Disputes

    Landmark Agreement Resolves Kongulai Disputes

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    Sogavare Extends Warm Welcome to Nauru’s President Adeang

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    Pacific Games Disaster Response Plan Operational

    Prime Minister Manasseh Sogavare receives a diplomatic visit from Cook Islands Prime Minister Mark Brown

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    New Zealand’s RSE Scheme Success Stories

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    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

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    Relationships are the Enduring Currency of Influence for the Pacific Islands

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    Lack of National identity, a snag to development: Businessman

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    Amazing Grace Launches Agritourism Experience

  • Business
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    Solomon Power Closer To Resolve Power Issue

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    World Bank Report Highlights Migration Schemes

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    Solomon Airlines Expands Services To Australia

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    Munda international airport terminal nears completion

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    Earth’s Precious Species on the Brink of Extinction

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    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

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    UAE Ambassador to Solomon Islands delivers COP28 invitation during courtesy visit to Acting Prime Minister

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    Pacific Maritime Transport Alliance Conference commence in Honiara

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    Forum SG commends Pacific negotiators as momentum gains for COP28

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  • Sports
    Fiji reached the podium alongside favourites Tahiti and New Caledonia in this new Pacific Games event. Photos: Aaron Ballekom, Pacific Games News Service

    Fiji share podium with Tahiti and New Caledonia at inaugural triathlon 2×2 mixed relay

    The men’s and women’s triathlon will take place on the roads of Honiara on Thursday morning. Photos: Danzo Kakadi and Junior Wasi, Pacific Games News Service

    What to Watch on Day 10

    Hosts rather settle for just one gold in Football over 40 gold medals target: XVII Pacific Games

    Hosts rather settle for just one gold in Football over 40 gold medals target: XVII Pacific Games

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    Over 15000 Enthusiastic Fans Pack Lawson Tama for Showdown

    Pacific Leaders Support Teams in Honiara For Pacific Games

    Pacific Leaders Support Teams in Honiara For Pacific Games

    Athletics Takes Center Stage as Sol2023 Pacific Games Returns on Monday with Exciting Lineup

    Athletics Highlights Monday’s Return

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    Solomon Islands windsurfer Prince Hoga has withdrawn from the sailing competition due to injuries.

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    Fiji reached the podium alongside favourites Tahiti and New Caledonia in this new Pacific Games event. Photos: Aaron Ballekom, Pacific Games News Service

    Fiji share podium with Tahiti and New Caledonia at inaugural triathlon 2×2 mixed relay

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    Statement by the PIF Secretary General, Henry Puna, on 16 days Activism to end gender based violence

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    Pacific Leaders Support Teams in Honiara For Pacific Games

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  • Opinions
    Hosts rather settle for just one gold in Football over 40 gold medals target: XVII Pacific Games

    Hosts rather settle for just one gold in Football over 40 gold medals target: XVII Pacific Games

    Statement by the PIF Secretary General, Henry Puna, on 16 days Activism to end gender based violence

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    Pacific Games in Solomon Islands: A Beacon of Peace in the South Pacific

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    Cervical cancer preventable – early detection key: Bainivalu

    Cervical cancer preventable – early detection key: Bainivalu

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World Bank supports Vanuatu in Disaster Response

Georgina Kekea by Georgina Kekea
13/03/2023
in News, Regional
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World Bank supports Vanuatu in Disaster Response

World Bank Provides US$9.5 Million Grant in Disaster Response for Vanuatu

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The World Bank has disbursed a US$9.5 million (VUV 1.13 billion) grant to support the Government of Vanuatu’s response to Severe Tropical Cyclones Judy and Kevin, and a 6.5 Mw earthquake in Vanuatu’s north.

The emergency funding will provide vital support to the government’s recovery and response efforts following the disasters.

The Government of Vanuatu has declared a six-month State of Emergency following the disasters. While reports on the full extent of the damage are still coming in, experience has shown that the most vulnerable communities tend to bear the brunt of disasters such as these, and the economic toll will be significant.

“We stand with Vanuatu as it confronts the impacts of the tragic convergence of disasters,” said Stephen Ndegwa, World Bank Country Director for the Pacific and Papua New Guinea. “While these are still early days in Vanuatu’s response, these funds can play an important part in assisting the most vulnerable, supporting damage assessments to better direct responses, and alleviating the impact on families and communities across Vanuatu.”

The funding has been made available through the Second Development Policy Grant with a Catastrophe-Deferred Drawdown Option that was approved by the World Bank in June 2022. Along with provisions for emergency response, this operation was designed to improve risk reduction, preparedness, and recovery from disasters. 

Economic modelling suggests that Vanuatu already faces an average of US$48 million per year in risk to assets from earthquakes and cyclones alone. In 2020, Cyclone Harold caused US$617 million (61% of GDP) in economic impacts.

“While we review the damage and impact of the cyclones and earthquake, the Government is preparing to provide more support, shelter, and assistance to those impacted,” said Vanuatu’s Minister for Finance and Economic Management, Hon. John Salong. “This assistance from the World Bank will play an important role in assuring the Government has the necessary resources at hand to provide for those most affected.”

Annette Leith, World Bank Resident Representative for Vanuatu, and Solomon Islands added that the ability to quickly deliver such support is the result of considerable planning between the World Bank and the Government of Vanuatu in recent years.

“Our earlier support to the Government of Vanuatu has aimed to strengthen the country’s disaster resilience with a focus on life saving preparedness, standby financing, and more resilient infrastructure, including in Port Vila. The events of the past several days are sad reminders of why that work remains so important,” said Ms. Leith.

The US$9.57million Catastrophe-Deferred Drawdown Option grant is funded by the International Development Association (IDA), the World Bank’s fund for the most in-need countries.

Source: World Bank

Georgina Kekea

Georgina Kekea

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