19 JULY 2017
A Green Climate Fund (GCF) Pacific Structured Dialogue is being held in Nuku’alofa from July 18-21, to help Pacific countries access climate financing.
This fund was established in 2010 to finance climate change projects and programs that help developing countries adapt to climate impacts and reduce greenhouse gas emissions, with GCF approving USD2.2 billion for 43 projects and programs to date.
GCF stated the Pacific region has made strong progress, with seven projects totaling more than USD250 million approved for the Cook Islands, Fiji, Papua New Guinea, Samoa, Solomon Islands, Tuvalu and Vanuatu.
Source: Matangi Tonga