NATION

Ratu Inoke Tells Big Talks: Climate Risk

The effects of climate change pose significant risks to small island developing states (SIDS) like Fiji in their efforts to attaining sustainable development. The Minister for Foreign Affairs, Ratu Inoke
16 Jul 2015 11:51
Ratu Inoke Tells Big Talks: Climate Risk

The effects of climate change pose significant risks to small island developing states (SIDS) like Fiji in their efforts to attaining sustainable development.
The Minister for Foreign Affairs, Ratu Inoke Kubuabola, said this yesterday at the Third International Conference on Financing for Development in Ethiopia.
He said in the last two decades no fewer than 19 cyclones had battered Fiji.
“The total cost of these disasters was estimated at US$630 million (F$1.34billion), an average of around US$33 (F$70m) per disaster,” he said.
Ratu Inoke said climate-induced events like these call for investment in resilience,” Ratu Inoke said.
“Fiji looks to the international community for financing for a development framework which tackles underlying vulnerabilities and incorporates risk to ensure development is sustainable.”
“Fiji, as a small island developing state remains a special case for sustainable development. This is because of its uniqueness and particular vulnerabilities including its small size, remoteness, narrow resource and export base and exposure to environmental challenges like climate change.”

New trade policy frame work
Ratu Inoke also announced that Fij had a new Trade Policy Framework.
This, he said, would ensure a co-ordinated and a consistent approach of maximising the development gains, by enhancing its industries, investments, exports and trade.
Feedback: maikab@fijisun.com.fj

Fijisun E-edition
Tanoa Waterfront Lautoka Fiji
Subscribe-to-Newspaper
Fiji Sun Instagram
Fiji Plus
Subscribe-to-Newspaper
error: