Concessional funding should at least be made accessible to countries that are faced with catastrophic climate events.
This has been highlighted by the Attorney General Aiyaz Sayed-Khaiyum in a panel discussion with expert panelists on public and private climate financing and insurance.
Sayed-Khaiyum says climate finance is pivotal for any government to bounce back during a natural disaster.
He says during the budget announcement last week, the government introduced the Environment Climate Adaptation Levy to replace the Environment Levy.
Sayed-Khaiyum also highlighted that only 10 percent of Fiji’s population was covered through insurance.
He says the government continues to hold talks with the Insurance Council of Fiji on developing basic covers for people that are affected by climatic disasters.
He says the government will assist low income earners to pay for premiums.
