News

FDB strengthens climate financing policy knowledge for staff

August 25, 2018 12:20 am

In an effort to generate high quality proposals for investments in low emission, climate-resilient projects and programmes, the Fiji Development Bank conducted a two-day Green Climate Fund awareness session for its staff.

This is aimed at strengthening their knowledge capacity on GCF, its requirements, climate financing and the science behind climate change.

FDB Chief Executive Officer Mark Clough says this increased internal policy knowledge relating to the fund.

Article continues after advertisement

Clough adds that the question they asked their staff to think about is how GCF is relevant to Fijians and FDB and the climate positive outcomes.

He says we need to empower people with knowledge about the impacts of climate change backed by the science behind it, and the Bank’s GCF accreditation conditions and features to see how the portfolio would be operationalized within the existing structure.

The session was devoted to two critical new policies, the Procurement Policy and the Gender Equity and Social Inclusion Policy.

The United States Agency for International Development through its Ready Project, is assisting the Bank in progressing its GCF accreditation requirements with these two policy developments.