On February 26, the Japan International Cooperation Agency (JICA) signed a grant agreement (G/A) with the Government of the Socialist Republic of Vietnam to provide grant aid of up to 2.196 billion yen for assistance for the Project for Improving An Duong Water Treatment Plant in Hai Phong City.
More than 5,600 people have been evacuated after heavy rains brought floods to several districts in the state of Sarawak on the island of Borneo.
The Asian Development Bank (ADB) and the governments of Thailand and Japan today launched two projects which will help Thailand strengthen community-based disaster risk management, and support efforts to enhance financial inclusion in low income communities.
Studies & Presentations
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.