Ten Pacific Island countries which are members of the World Bank have a population of about 3.4 million people, scattered across an area equivalent to 15 percent of the globe’s surface, with a development trajectory that will be shaped by their economic geography.
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WASHINGTON, December 17, 2014 - The World Bank’s Board of Executive Directors today approved the following projects:Federated States of Micronesia - Pacific Regional Connectivity Program 2: Palau-FSM ... Show More +Connectivity ProjectIDA Grant: US $47.5 million equivalentProject ID: P130592Project Description: The objective of the project is to reduce the cost of and increase the availability of information and communication technology (ICT) services needed to support social and economic development. Show Less -
IDA Credit: US $11.0 million equivalentTerms: Maturity = 40 years, Grace = 10 yearsIDA Grant US $2.0 million equivalentProject ID: P146816Project Description: The objective of the project is to improv... Show More +e operational efficiency, system reliability and financial sustainability of the Solomon Islands Electricity Authority (SIEA). Show Less -
GEF Grant: US $7.3 million equivalent Global Facility for Disaster Reduction and Recovery Grant: US $1.8 MillionProject ID: P112613Project Description: The objective of the project is to increase... Show More + the capacity of selected rural communities to manage natural hazards and climate change risk. Show Less -
IDA Grant: US $25.0 million equivalent Project ID: P143408Project Description: The objective of the project is to improve operational safety and oversight of international air transport and assoc... Show More +iated infrastructure. Show Less -