Disasters > Tsunami > Funds pledged: Group totals
Author: Ian Graham, Staff Editor
The Asian Development Bank said on March 18 that there was a shortfall of more than $4 billion dollars between what was promised for rebuilding the countries worst-hit by the December 26 tsunami and what has been delivered. <p>The ADB delivered its post-tsunami analysis at an international meeting of donor countries, regional governments and aid agencies in Manila. <p>The earthquake-propelled waves that slammed coastlines in Asia damaged 700 kilometers (430 miles) of road in India, robbed 44 percent of Indonesia’s Aceh province residents of their livelihoods, and destroyed 100,000 homes and 65 percent of the fishing fleet in Sri Lanka.
DEFINITION:
Funds pledged by the governments of developed countries for tsunami relief (as of September 30th 2005). The World Bank has pledged $250 million and the European Union $44 million. There have been significant amounts coming in from the UN and other aid agencies like IMF, UNDP, UNESCO, Red Cross, etc. which are not mentioned here. Private donations and collections from media campaigns are also high in many European countries, but have not been included here.
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