Australia Touts New Funds for Pacific Infrastructure at Fiji 'Pre-COP'
Australia said the funding will support roads and communications in four Pacific nations as leaders pressed for more climate adaptation finance.
6 Articles
6 Articles
Pacific presses world for help 'surviving' climate change at pre-COP summit
This week's "pre-COP" meetings in the Fijian city of Nadi are a precursor to the larger UN-sponsored global climate summit -- known as COP31 -- to be held in Turkey next month. The South Pacific is among the regions of the world most vulnerable to global warming -- from rising seas jeopardising homes to increasing temperatures causing coral bleaching. Speaking on the sidelines of the summit, Papua New Guinea Prime Minister James Marape told jour…
Australia touts new funds for Pacific infrastructure at Fiji 'pre-COP'
This week's "pre-COP" meetings in the Fijian city of Nadi are a precursor to the larger UN-sponsored global climate summit -- known as COP31 -- to be held in Turkey next month. The South Pacific is among the regions of the world most vulnerable to global warming -- from rising seas jeopardising homes to increasing temperatures causing coral bleaching. Speaking on the sidelines of the pre-COP on Wednesday, Papua New Guinea Prime Minister James Ma…
Fiji’s big funding deal comes with loans
The $1.5 billion Australian financing package will include about $1 billion in grants and $500 million in loans. The 10-year deal will fund Fiji’s major development priorities. Permanent Secretary for Finance Shiri Goundar said the 10-year financing commitment under the Vuvale Union would provide greater certainty for Government as it plans and budgets for major […]
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