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EU avails about $2B for Pacific cooperation from now to 2020

EU avails about $2B for Pacific cooperation from now to 2020
European Union Ambassador Andrew Jacobs.

The European Union has availed about $2 billion for Pacific cooperation from now to 2020.

This was highlighted by the European Union Ambassador Andrew Jacobs at the Europe Day celebration last night.

Jacob says that 50 percent of this amount will be used on climate related work.

He says the EU will continue to engage strategically with partners to make sure that mitigation and adaptation programs are mainstreamed at all levels.

Ambassador Jacobs says that the EU’s cooperation with the Fijian government to build on the longstanding support to the sugar sector to establish their first budget support program.

He also highlighted that the EU will be disbursing funds directly into the treasury account against the achievement of agreed key reform ambitions.

The European Union has congratulated Fiji for being at the helm of COP 23 saying that this will be of great political and substantive importance.

Jacobs adds that COP 23 will demonstrate that the international community remains committed to the Paris Agreement and the negotiation of the rule book laying out the detail of the post 2020 climate regime.

Last night’s celebration was attended by the President of Fiji Jioji Konrote, Former President Ratu Epeli Nailatikau, Prime Minister Voreqe Bainimarama, Members of Parliament, Chief Justice Anthony Gates and members of the Diplomatic Corp.

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