BY SYLVANA TEKUMAHA
Director for Climate Change under the Ministry of Environment, Climate Change, Disaster Management and Meteorology (MECDM), Thaddeus Siota is confident that the current Green Climate Fund (GCF) Projects in the country are not at risk.
Speaking to Island Sun yesterday Siota said the withdrawal of the United States of America (USA) from funding GCF will have little impact on the projects in the country, as funding is also supported by multiple donors.
“The current Projects under GCF is not at risk because their budget are already fixed,” he said.
He said future projects under the GCF might be at risk since it will depend on the availability the of funds the entity will have, and the distribution of funding that will be made by GCF after the withdrawal of USA.
“There are also other countries who are major contributors to the GCF. I do believe other countries will step in to fill the gap USA has left,” he said.
Siota said there are few GCF project proposal given to GCF and although they are done already, they have to follow GCF’s process.
“We will be working with accredited entities for looking into the proposals to see if it meets the criteria to have them funded under GCF, it is a long process too,” he said.
Under the GCF there are 3 major projects in the country, the Tina Hydro-Project, the SOLKAS Project and the Adapting tuna-dependent Pacific Island Communities and Economies to Climate change, a regional initiative.
The GCF is the world’s largest fund, it supports countries to combat Climate Change by funding projects, it serves as a financial entity towards the United Nations Framework Convention of Climate Change (UNFCCC) and the Paris Agreement.
USA withdrew its funding towards the GCF last week. GCF is among the 66 international bodies that the USA has withdrawn its support from.
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