Prime Minister Voreqe Bainimarama launched Fiji’s first relocation trust fund for people displaced by climate change on the margins of the 74th United Nations General Assembly.
While speaking at the launch, Bainimarama says the new trust fund is undeniably one of the most effective ways that we can help our communities adapt to climate change.
He says they are seed funding the Trust Fund through a percentage of the revenue from the Environment and Climate Adaptation Levy and henceforth on a regular basis.
Bainimarama says based on current projections, the annual allocation from ECAL will be approximately five million dollars a year. He says this is not enough adding they look forward to additional support to undertake this enormous task.
He says we are already moving entire communities out of the way of the rising seas that have inundated their homes, ruined their farming land with saltwater, flooded their ancestral burial grounds and left them vulnerable to landslides.
The launch was also attended by the Crown Prince of Norway, Haakon Magnus, and some Pacific Island dignitaries.
ADVERTISEMENT
