Environment and Climate Adaptation Levy has generated a total of $110.6m

Government has announced that the Environment and Climate Adaptation Levy has generated a total of $110.6 million as at 30th April, 2018, exceeding the estimated amount of $94 million.

Attorney General, Aiyaz Sayed-Khaiyum while delivering the 2017/2018 national budget last June said that government would remove the Environmental Levy, and replace it with the Environment and Climate Adaptation Levy at 10%.

A total of 46 projects have been funded by the Environment and Climate Adaptation Levy with the most funds of $63.77 million directed at Infrastructure development.

The Infrastructure Development projects include the upgrading of rural roads, jetties maintenance and renewals and the upgrading and replacement of bridges.

Other major projects that were funded by the Environment and Climate and Adaptation Levy include, rural housing assistance, upgrade of informal settlements, maintenance of meteorological facilities and equipment, cane access roads, food security programme, upgrade of Colo-i-Suva Forest Park, cyclone rehabilitation of Levuka World Heritage Structures, ongoing rehabilitation and construction of schools destroyed by TC Winston, ground water assessment and development of small and large islands and disaster risk and climate change adaptation fund. 

Meanwhile, Minister for Economy, Aiyaz Sayed‑Khaiyum will deliver the 2018/2019 National Budget at 7.30pm tomorrow.