24th August 07:59 AM
USD$100 billion needed by 2020 to win fight against climate change - Bainimarama
By Lena Reece
Monday 13/05/2019

Prime Minister, Voreqe Bainimarama has highlighted that to win the fight against climate change we will need at least $100b US dollars a year worldwide by 2020.

While speaking at the Third Climate Action Pacific Partnership Meeting at GPH today, Bainimarama says larger economies must increase the amount of climate finance for mitigation, resilience and adaptation efforts in small, developing countries.

The Prime Minster stressed that people need more than government action to solve the climate crisis adding that Pacific Nations need people to think beyond their own desires and convenience and habits that affect others and to act responsibly every day to help solve the climate crisis.

He adds that while we are seeing greater global recognition of this crisis, appropriate action has yet to follow adding that the response so far has been limited to mainly speeches, rhetoric and pleasantries – and in some cases, outrageously out‑of‑touch statements from public officials.

Bainimarama stressed to the delegates present that while Pacific Island Nations are a vulnerable people, we will continue to show that, when armed with the proper resources, we are adaptable, inventive, and determined.

He says that Pacific Island Nations will show that we have made the hard choices and begun the hard work changing our economies to suit a changing climate adding that to continue Fiji and many other vulnerable and developing countries will need creative, blended financing from governments, from international financial institutions, from philanthropic organisations and from the private sector.

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