MOU signed for K88.79 million climate change program

A Memorandum of Understanding for the Building Resilience to Climate Change Adaptation Project was signed yesterday in Port Moresby.

The signing of the $US27.29 million (K88.79 million) project was between the Climate Change Development Authority as the executing agency and the Office of the Coastal Fisheries Development Agency as the implementing agency.

This climate adaptation project is funded by the Government Investment Fund and is administered by the Asian Development Bank.

The BRCC project will be rolled out in five provinces; Milne Bay, Manus, Morobe, East New Britain and the Autonomous Region of Bougainville.

CCDA Acting Managing Director, Ruel Yamuna says the project is a five-year project of which last year was the initiating of the signing of the formal documents and this year is set for implementation.

“Implementation of the project will involve the key implementing partners such as the Office of the Coastal Fisheries Development Agency, NARI, PNG Ports  and that will be done through a series of stages,” Yamuna said.

He said there are three stages altogether; the first is the climate vulnerability impact assessment stage and the MoU that’s been signed basically outlines and strengthens the partnership between CCDA and CFDA with respect to how we will together to roll out the second component which us the sustainable fisheries ecosystem and food security aspect.

“The first component of climate vulnerability impact assessment entails the collecting of climate data and information and this will be needed to move onto the second stage and component.”

Annette Kora