Attorney General and Minister for Economy Aiyaz Sayed‑Khaiyum says the key challenge facing the Pacific region is dealing with climate change.
He made the comment at the annual Asian Development Bank meeting in Japan.
Sayed‑Khaiyum says that development challenge in countries like Fiji is affected by our access to development finance which they see as equating to access to finance for climate change.
He says the ADB in the past ten years has increased the funding through their ADF provision from $500 million to more than $2 billion.
He says most of the funds are diverted towards infrastructure development.
Meanwhile, Fiji has been chosen to host the 52nd Annual Asian Development Bank meeting in 2019.
