New ADB Grant to Strengthen Urban Resilience and Disaster Preparedness in Vanuatu
Vanuatu, Sept. 28 -- The Asian Development Bank (ADB) has approved a $12.6 million grant-the third financing for the Greater Port Vila Urban Resilience Project-to help further improve urban resilience and disaster preparedness in Vanuatu's economic center, the Greater Port Vila area.The financing is funded through the Asian Development Fund (ADF), and is complemented by a $5.6 million grant from the Green Climate Fund (GCF) through the Community Resilience Partnership Program Investment Fund, and an in-kind contribution of $700,000 from the Government of Vanuatu. The grants will support the construction of three new multipurpose emergency shelters in the communities of Agathis, Freshwind, and Nambatri, designed to provide safe and resilient...
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