The evaluation, covering ADB activities from 2012 to 2024, found that while the bank successfully increased concessional financing and disaster-risk focus, its interventions remain fragmented. Many development programs suffer from a lack of integration, leading to gains that vanish once individual projects conclude. Emmanuel Jimenez, Director General of the Independent Evaluation Department, emphasized that true resilience requires building local institutions capable of managing risks autonomously rather than relying on external, project-based support.
Institutional capacity remains a critical bottleneck. Because many island nations contend with geographic isolation and limited administrative resources, standard development models often struggle to take root. The report recommends moving toward longer-term engagement frameworks that merge financing with sustained technical guidance. Lead specialist Nassreena Baddiri noted that project designs must align more closely with local capacity and realistic timelines to produce lasting results.
Furthermore, the bank’s efforts to stimulate the private sector have yielded limited success, often appearing as isolated transactions rather than strategic partnerships. Future initiatives should shift toward deeper policy reforms and repeat engagements that mirror national development priorities. By moving away from "one-size-fits-all" funding, the ADB aims to help island economies better navigate intensifying climate pressures and economic shocks.





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