Regional Archive December 2007

Papua New Guinea's Lae Port Receives $108.25M for Expansion

MANILA, PHILIPPINES - The Asian Development Bank (ADB) and its development partners are providing a financial assistance package totaling $108.25 million to expand Lae Port, the largest and most important port in Papua New Guinea.

Nauru President Ousted in No-Confidence Vote

Nauru's president, Ludwig Scotty, has been removed in a no-confidence vote in the island nation's 18-seat parliament yesterday.

ADB Provides $2M Grant to Combat Land Degradation, Climate Change Woes

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing a $2 million grant for the formulation, adoption and implementation of land degradation policies and strategies and to reduce the vulnerability to climate change of target developing member countries.

Expert says Riots in the Pacific and China's Involvement Just the Beginning

A Pacific expert is warning that riots in Tonga and the Solomon Islands targeting Chinese immigrants could flare up elsewhere, and that these riots are just the tip of the iceberg.

ADB Exploring Future Carbon Fund, Committed to Addressing Climate Change

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is exploring ways to develop a future carbon fund beyond the 2012 period of the Kyoto Protocol, as part of its commitment to help its member countries and development partners address climate change issues.

Fiji Distances Itself from Moti

The Fiji Prime Minister's Office has distanced itself from rumors circulating that Solomon Islands' Attorney General, Julian Moti, sought sanctuary in Fiji.

Calls on U.S to Join Fight Against Climate Change

With Australia having ratified the Kyoto Protocol, the U.S is now the only industrialized nation outside of the Kyoto framework and the call from Bali is that the U.S needs to play a stronger role in addressing the issue.

Good News from Bali

Climate change talks in Bali yesterday yielded a victory for vulnerable nations when they won the key decision to be represented by the Kyoto Protocol's Adaptation Fund.

Wide Disparities in Living Standards in Asia-Pacific - New Study

MANILA, PHILIPPINES - Brunei, Singapore and Hong Kong, China, rank among the top five economies in developing Asia and the Pacific in terms of real per capita income, says a new study undertaken on purchasing power parities in the region.

ADB President Calls for Fundamental Change in Water Management in Asia and Pacific

BEPPU, JAPAN - Asian Development Bank (ADB) President Haruhiko Kuroda today called on all countries in the Asia and Pacific region to make a fundamental change in the way they manage water to build a sustainable future.