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SAFER Pacific: Increasing MSME resilience in the Pacific Islands

Supporting Sustainable and Adaptive Financing for Entrepreneurial Resilience in the Pacific (SAFER Pacific)

Défi

SAFER Pacific was awarded by ADB to DT Global in March 2025 as an extension and change in scope of the supporting recovery by micro, small, and medium-sized enterprises (MSMEs) in the Pacific from the effects of the COVID-19 pandemic program (Pacific COVID-19 Business Recovery Program (CBRP)), which had an implementation period of 42 months (3.5 years), and a completion date of 31 December 2024.

The change in scope pivoted the program from recovery of MSMEs affected by the pandemic to resilience building by supporting climate adaptive and resilient practices in the finance and private sectors.

While the CBRP was successful in hastening the recovery of MSMEs after the economic shock of the COVID-19 pandemic through its activities in the finance and private sectors, these businesses remain vulnerable to future climate-related shocks. Events like Tonga’s 2021 volcanic eruption and Vanuatu’s 2023 cyclones have underscored their fragility and the urgent need for climate resilience.  Moreover, women-led MSMEs are especially vulnerable due to limited cash reserves and reliance on public aid. Strengthening their resilience reduces business disruptions and eases pressure on government resources.

Approche

SAFER Pacific works on increasing MSMEs' resilience to the effects of climate-change-induced shocks due to improved access to climate-focused financing and business development services.

The programme has the following areas of work:

  • Improve access to climate advisory services for MSMEs.
  • Enhance the uptake of climate-smart business development.
  • Increase MSME agency capacity.
  • Improve access to finance for MSMEs.
  • Improve women’s economic empowerment.

Objectifs et résultats

SAFER Pacific’s goal is to foster economies that are more resilient to climate change-related shocks, contributing to improved stability and healthier living conditions for the populations of the targeted countries.

Statut
Actif
Date
2025 - 2026
Fondé par
Asia Development Bank
Implementé par
DT Global Asie-Pacifique
Emplacement
Fidji
Samoa
Tonga
Vanuatu
les Îles Cook
Client
Asia Development Bank’s (ADBs) Technical Assistance Fund
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