Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Subscribe
    • Home
    • Top Stories
    • Business
    • Tech
    • Companies
    • Events
    • Announcements
    Home»Top Stories»ADB Provides $1M Grant to Cyclone Yasa-hit Fiji
    ADB
    Asian Development Bank
    Top Stories

    ADB Provides $1M Grant to Cyclone Yasa-hit Fiji

    Business News AsiaBy Business News AsiaDecember 25, 2020No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Manila-based global lender Asia Development Bank (ADB) announced that it has approved $1 million grant to the Government of Fiji to help finance the government’s recovery efforts following Tropical Cyclone Yasa.

    Yasa hit Fiji on 17-18 December and the government is now rolling out priority recovery activities for the affected residents Vanua Levu, Fiji’s second-largest island, and the remote island of the Yasawa, Lomaiviti, and Lau groups were in the direct path of Tropical Cyclone Yasa.

    “This is the second tropical cyclone this year to cause severe destruction in Fiji, as its economy continues to be impacted by the coronavirus disease (COVID-19) pandemic,” said Regional Director of ADB’s Pacific Subregional Office in Fiji Masayuki Tachiiri. “The emergency funds may be used to provide support for the restoration of basic social services, transitional shelter, and safe food and water to affected communities.”

    Early damage assessments indicate about 93,000 people in Fiji (around 10% of the population) were directly affected, and at least four people lost their lives. Strong winds destroyed villages, homes, government buildings, food gardens, farms, and livestock. At the height of the storm, more than 23,000 people sought shelter in 456 evacuation centers.

    Immediate relief efforts are focused on the restoration of critical infrastructure and essential services, and the provision of food, shelter, water, sanitation, and hygiene kits.
    The grant is sourced from ADB’s Asia Pacific Disaster Response Fund.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region. – BusinessNewsAsia.com

    ADB Asian Development Bank Fiji Tropical Cyclone Yasa
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleKerry Express (SET:KEX) debuts on the SET, confident of warm reception by investors
    Next Article Japan Shuts Doors, Bans Entry from All Countries

    Related Posts

    Redion Holiday Barometer 2026: Singapore Sets a Global Benchmark for the Most Insured Travelers as Expectations for Travel Support Rise

    August 28, 2026

    Canstar Resources Intersects 15.6 Metres of Massive Sulphide Grading 2.3% CuEq at Mary March, Including 9.75 Metres at 3.3% CuEq

    August 27, 2026

    The 4th International & Indonesia CCS Forum 2026 Strengthens Indonesia’s Position as an Emerging Regional CCS Hub

    August 27, 2026
    Add A Comment

    Comments are closed.

    © 2026 BusinessNewsAsia.com
    • About Us
    • Contact Us
    • BusinessNews.ph
    • AsiaPEVC.com
    • DevFiNews.com
    • RenewableEnergy.ph

    Type above and press Enter to search. Press Esc to cancel.