ADB announces emergency grants for flood relief across Southeast Asia and Sri Lanka
Asian Development Bank (ADB) President Masato Kanda on Wednesday announced that ADB will provide immediate grant support of up to $3 million to Sri Lanka; $2 million to Thailand; and $2 million to Viet Nam, following requests for support from the governments, Qazinform News Agency cites the ADB's press service.
“I am deeply saddened by the suffering caused by these devastating floods,” said Mr. Kanda. “The governments and people of Sri Lanka, Thailand, and Viet Nam can rest assured that ADB will provide assistance to help save lives and rebuild communities. We will work quickly and cooperatively with governments to bring shelter, comfort and hope to those affected by these terrible events.”
The grants will support emergency and humanitarian efforts, and will come from the Asia Pacific Disaster Response Fund (APDRF), which provides fast-tracked grants to developing member countries for life-saving purposes in the immediate aftermath of major disasters triggered by natural hazards.
Flooding has caused extensive loss of life and damage to property and infrastructure across South and Southeast Asia.
ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.
According to tallies from local authorities, the death toll from recent devastating floods and landslides in Indonesia, Sri Lanka and Thailand has topped 1,200 with hundreds still missing.
