Decision-makers and technical experts in the private sector here in the Pacific will deliberate on the complex global climate finance architecture in a 2-day sub-regional workshop.
To be held in Port Moresby from April 9th to the 10th, the workshop will be a first-of-its-kind.
Pacific island nations need more finance, technology and information to adapt to the adverse effects of global warming, but they also need to manage these resources effectively to benefit their most vulnerable communities.
The sub-regional workshop aims to assist businesses and governments of PNG, Solomon Islands, Vanuatu and Fiji to increase their awareness of, and access to, climate change financing and options for public-private sector partnerships and investments.
The workshop is expected to;
- Improve the understanding of the private and government sector of the available funding sources and opportunities and how to access those, including the Green Climate Fund;
- Clarify the role of a National Designated Authority, national processes and requirement, country programs/priorities, and external requirements by the funding source;
- Sharing lessons and experiences learnt from the private sector and governments in trying to access the climate funding and other funding sources; and
- Identify practical hands-on lessons and experience from ongoing public-private partnerships in Melanesian countries.
About 30-40 participants representing the private sector from the Melanesian countries are expected to attend this workshop.