ADB, Ireland Support Social Protection in Nauru
On behalf of Asian Development
Bank
MEDIA RELEASE
ADB, Ireland Support Social
Protection in Nauru
YAREN, NAURU (17 June
2022) - The Government of Nauru has launched a new
National Social Protection Strategy, 2022-2032 thanks to technical
and financial support from the Asian Development Bank (ADB) and
funding from the Ireland Trust Fund for Building Climate Change and
Disaster Resilience in Small Island Developing States.
The new strategy aims to lift
people out of poverty by reducing vulnerability and building
resilience and is anchored in the universal right of everyone to
social security and an adequate standard of living.
"This strategy aims to lay a
foundation to address poverty and vulnerability and boost the
quality of life of all Nauruans by strengthening leadership,
multisectoral collaboration, and governance to maximize social
protection outcomes," said ADB Director General for the Pacific
Leah Gutierrez.
"The strategy will further
strengthen Nauru's social protection systems and provide a
road map to help Nauruans live healthy and productive lives and
build a resilient people," said Minister for Finance Martin Hunt.
"We are committed to leading the implementation of the strategy and
are grateful for the support from ADB, the Government of Ireland,
and other development partners."
While Nauru's social
protection has made some advancements seen in recent years, the
country still ranks relatively high in terms of income and wealth
inequality and spends less as a share of its gross domestic product
on social protection programming compared to the Pacific
average.
Studies show that disability, aged
care, and back-to-school benefits are especially effective in
lifting people out of vulnerability, defined as those living on
incomes up to 50% of the basic needs poverty line.
The strategy is accompanied by an
implementation plan and a monitoring and evaluation framework to
help raise the standard of living of the poor and most vulnerable
in Nauru and build their resilience against risks from
future shocks and crises.
ADB is committed to achieving a
prosperous, inclusive, resilient, and sustainable Asia and the
Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members-49 from the
region.
https://www.adb.org/news/adb-ireland-support-social-protection-nauru
For media enquiries:
Sally R. Shute-Trembath
Senior External Relations Officer
Pacific Liaison and Coordination Office in Sydney, Australia
Asian Development Bank
Tel +61 2 8270-9444
www.adb.org