UNDP partnership with Green Climate Fund provides opportunity for Pacific Small Islands to move from vulnerability to resilienceMay 21, 2015
Pacific Small Island Developing States (SIDS) face enormous challenges when it comes to climate change and development. Much more resources is needed to finance the climate change adaptation. With partners like the Green Climate Fund, we now have a huge opportunity before us to move from vulnerability to resilience in Pacific SIDS, Magdy Martínez-Solimán, UNDP’s Director of Bureau for Policy and Programme Support, said at the Climate Change and Development Forum of the 7th Pacific Islands Leaders Meeting (PALM7) in Tokyo.
UNDP has been selected as one of the first seven accredited implementing agencies of the Global Climate Fund and has the comparative advantage and experience of working with 19 countries across all SIDS regions and with global environmental funds for addressing climate change. UNDP has invested over $90 million in Pacific SIDS over the last 10 years for climate change adaptation.
In light of the importance of a new international agreement on climate change to be reached at COP21 in Paris at the end of this year, the event aimed to provide the Pacific Island leaders with an opportunity to examine various initiatives to address climate change in the Pacific region, explore opportunities for future project formulation and gain a political momentum for more effective utilization of various climate finance, particularly the Green Climate Fund (GCF).
The Executive Director of the Green Climate Fund, Hela Cheikhrouhou stated that financing for climate change adaptation in SIDS will be a priority of the Fund while it is also a priority for the entire UN Development System.
UNDP in the past has engaged with the national governments in supporting the integrated approaches such as developing early warning systems, water resource management, renewable energy solutions for efficiency and universal access and coastal zone management. The SIDS are on the ‘front-line’ of these issues, with devastating events like Cyclone Pam in Vanuatu and Tuvalu. To address this crisis, Pacific SIDS need global support said Martínez-Solimán.
“Climate finance investments should be used to achieve sustainable development benefits such as food security, job creation, and improved public health. It is a full human security initiative for the Pacific, for hundreds of thousands of vulnerable people in Pacific SIDS. With partners like the Green Climate Fund we now have a huge opportunity before us to move from vulnerability to resilience,” Martínez-Solimán said.