Financial support remains a challenge – FBC News

Financial support remains a challenge - FBC News

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Financial support remains the biggest challenge facing Pacific Island countries in tackling climate change.

Pacific Islands Forum Secretariat Director of Programs and Initiatives Zarak Khan says PIFS continues to work with partners such as the World Bank and other multilateral financial institutions to assist member states in this regard.

He says PIFS has many activities and initiatives it would like to implement in the climate change and disaster risk space, but it all depends on the availability of funds.

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Meanwhile, Vanuatu will host the Forum’s economic ministers meeting in Port Vila this week.

Economy ministers from across the region will discuss the economic impacts and recovery from the COVID disruption, as well as the new 2050 Strategy.

The PIF Economic Ministers meeting will be held for two days, starting on Thursday.



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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!