Put Your Money Where Your Mouth Is: Ro Filipe
International Monetary Fund (IMF) has convened a high-level meeting to discuss financing future projects.
Tuesday 27 February 2024 | 15:00
Minister for Public Works, Transport and Meteorological Services, Ro Filipe Tuisawau, is tackling infrastructural upgrade through climate financing. Photo: Leon Lord
Multi-billion-dollar proposals for national infrastructure are being drawn up for climate change funding, Minister for Public Works, Transport and Meteorological Services, Ro Filipe Tuisawau said yesterday.
His comments come on the heels of a high level gathering in Nadi, where leaders have gathered to discuss climate financing.
The state of national infrastructure reflected the fact that it was not build with climate resilience in mind, Ro Filipe said.
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"These ongoing issues with infrastructure which are not adequately climate resilient - yes, nothing will be 100 per cent climate resilient - need better strategies and planning," he said.
"To that end, we are compiling a report on rural bridges and roads, or road portions, which need to be upgraded to at least some degree of resilience, rather than the current flood existence of our long-suffering peoples.
"I aim to have these, and other reports formulated into a few billion-dollar proposals for implementation within the next 10 years.
Minister for Public Works, Transport and Meteorological Services, Ro Filipe Tuisawau, is tackling infrastructural upgrade through climate financing. Photo: Leon Lord
"It's time to now present our funding proposals to the climate change culprits, and so called climate financiers, to put their money where their mouth is."
International Monetary Fund (IMF) has convened a high-level meeting to discuss financing future projects.
IMF deputy managing director (DMD) Bo Li yesterday said climate financing, adaptation and mitigation were on the table.
"We have been here for 30 years, and we want to talk about how we can do even more in the next 30 years and with our partners," Mr Bo said.
Policymakers from around the region are in Nadi to deliberate on common challenges and regional support in economics, climate change and digitalisation.
Prime Minister Sitiveni Rabuka launched the International Monetary Fund (IMF) Pacific Islands High-Level Conference at Denarau.
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