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KIRIBATI

Kiribati is one of the most remote and geographically dispersed countries in the world, consisting of 33 islands spread over 3.5 million square kilometers of ocean, an area larger than India. None of the inhabited atolls in Kiribati lie more than a few meters above sea level, and the effects of rising sea-levels and associated soil salination are beginning to threaten already limited water supplies. The World Bank is working with the Government of Kiribati to address the existential threat posed by climate change. Beyond climate change, Kiribati remains geographically isolated and highly exposed to external shocks, resulting in volatile economic performance. Revenues from fishing licenses, remittances, aid, and a trust fund from now depleted phosphate reserves, comprise almost half of all economic activity. The World Bank Group is working to scale-up efforts to help overcome the tyranny of distance and to generate opportunities from closer regional and global integration and private sector led growth. This includes developing core infrastructure like airports and telecoms to help connect Kiribati to the world. Similarly, support for regional measures to improve the sustainable management and returns to island countries from the tuna fishery offer considerable potential benefits.

Active financed activities as of March 28, 2012.
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