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The work of the Asian Development Bank (ADB) in the Pacific transport sector is empowering people and economies by
increasing access to opportunities, and essential goods and services. Pacific transport operations are building resilient and sustainable links that enable communities to thrive, both now and in the future.

Tourism to the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.

This technical note is intended to support climate risk assessment (CRA) experts, in particular, those undertaking the early stages of project development. Time and resources could be saved by attaching this document to terms of reference issued to CRA consultants. However, there is a limit to which globally accessible, open source data can meet the detailed information needs of local adaptation projects. This note supplements rather than replaces efforts to gather relevant climate information from government agencies and counterparts, especially during the project concept phase.

Disaster events have lasting impacts on people, communities, and socioeconomic development. Countries in the Pacific are among the most exposed, globally, to natural disasters, including floods, droughts, cyclones, and earthquakes. The effects of climate change threaten to increase the severity and frequency of hazard events in the Pacific region, emphasizing the need for Pacific island countries to protect themselves against corresponding social and economic consequences.

The Economics of Fisheries and Aquaculture in the Coral Triangle (EFACT) is the first report of its kind that consolidates primary and secondary information on fisheries and aquaculture using a regional lens and analytical tools from economics. The EFACT is an output of the Asian Development Bank (ADB) technical assistance—Regional Cooperation on Knowledge Management, Policy, and Institutional Support to the Coral Triangle Initiative (CTI).

Papua New Guinea (PNG) has a total land area of 462,000 square kilometers (km2), making it the largest Pacific island country. Its exclusive economic zone at 3.12 million km2 is the world’s second largest. The country’s sparsely distributed population of only 7 million makes PNG’s population density of approximately 9 people per km2 the lowest in the South Pacific.

The economic growth outlook for developing Asia remains vibrant. AsianDevelopment Outlook 2018 foresees continued momentum after growth accelerated to 6.1% in 2017. The region is expected to expand by 6.0% in 2018 and 5.9% in 2019. Excluding Asia’s high-income newly industrialized economies, the prospects for growth are even higher, at 6.5% in 2018 and 6.4% in 2019. Traction for economic expansion will come from strong external demand, which is supported by a further pickup in growth this year in the major industrial economies, and robust domestic demand.

The 14 developing member countries (DMCs) of the Pacific Department of the Asian Development Bank (ADB) cover
a wide diversity. Populations range from the top three countries, representing 87% of the region’s population, to the remaining 11 countries, with a total of less than 1.5 million people. The region covers 15% of the globe’s surface, with

The Asian Development Bank (ADB) has supported the Government of Papua New Guinea (PNG) and the PNG Power
Limited to construct a 150-kilometer high voltage transmission line linking the West New Britain Provincial capital
Kimbe and the township of Bialla. The transmission line will connect renewable energy from existing hydropower and
biomass facilities and bring electricity to households, schools, and medical clinics along the alignment.

The marine environment of Papua New Guinea is vast and diverse, and is globally recognised for its coral reefs and iconic marine species. It directly supports the livelihoods of our people through fisheries and development activities, draws tourists to our country, and provides the ecological foundation for our prosperity.

The Monitor provides an update of developments in Pacific economies and explores topical policy issues.

The Monitor provides an update of developments in Pacifi c economies and explores topical policy issues.