(PRINT)
Pacific Islands Forum Secretariat
Tuvalu signs financing agreement to access Climate Fund

Tuvalu has become the first Pacific Island country to sign the Financing Framework Agreement to access funds for coastal protection activities from the Green Climate Fund.  

Tuvalu Prime Minister Honourable Enele Sosene Sopoaga signed the agreement with the UN Resident Coordinator and UNDP Resident Representative Ms. Osnat Lubrani in Suva on Wednesday 14 June 2017.

The elated Prime Minister said the financing agreement, worth almost $USD39 million will fund the Tuvalu Coastal Adaptation Project on the three islands of Nanumea, Nanumaga and Funafuti.

Adaptation projects in other islands will happen once funding is secured.

Tuvalu’s proposal for the Green Climate Fund funding assistance was approved in June 2016.

Prime Minister Enele said, “We’re very happy that Tuvalu is the first Pacific Island country to access this money from Green Climate Fund which has dominated much negotiation and coordination.”

The process will begin in August with a workshop where Tuvalu Government and UNDP will coordinate logistics to facilitate a swift project implementation.

Prime Minister recognizes and commends the work and efforts of government officials who made the signing possible.

The signing ceremony in Suva was at the Tuvalu High Commission and witnessed by staff of Tuvalu High Commission and the UNDP office.

 ENDS

Contact: Silafaga Lalua Tauetia, Media Advisor

Office of the Prime Minister, Government of Tuvalu

Phone: +68820815; Extension #: 3011

Mobile: +6887004553

Twitter: @niuslady

Email: slalua@gov.tv; silafong@hotmail.com

© 2017 Pacific Islands Forum Secretariat www.forumsec.org