US$1.4 BILLION PLEDGED FOR SAMOA PATHWAY IMPLEMENTATION By Makereta Komai, Editor PACNEWS 2 September, Apia, Samoa - Two days into the 3rd Small Island Developing States (SIDS) conference, financial pledges of US$1.4 billion have been made towards the implementation of the SAMOA Pathway, the final outcome of the Samoa meeting. The SIDS Accelerated Modalities for Action (SAMOA Pathway) is the blueprint for the sustainable development of Small Island Developing Countries. Conference spokesman, Nikhil Seth said promises of financing and technical assistance have been made through bilateral discussions and pledges by Leaders at the plenary session. This is a very significant amount of money pledged. It clearly indicates the mood of genuine partnership taking place here in Apia. Its a new era for SIDS and augurs well for genuine and durable partnerships. Some of these financial pledges have been directed towards fisheries, maritime navigation for Pacific Island Countries, and hydrological survey by Australia and many others, revealed Seth at a media briefing Tuesday. These are new pledges for the implementation of the SAMOA Pathway and are in addition to earlier promises of funds through the existing United Nations Climate Change financing mechanisms, the Green Climate Fund and the Global Environment Fund, available to SIDS and Least Developed Countries (LDCs) ... bit.ly/1rjLG3N #SPREP #PacificEnvironment #islands2014
Posted on: Wed, 03 Sep 2014 04:51:04 +0000
Trending Topics
Recently Viewed Topics
© 2015