Korea to fund climate change projects in Fiji
June 24, 2015 10:24 pm
Korea is keen to fund climate change related adaptation and mitigation projects in Fiji.
The Director General of the Korean Ministry of Strategy and Finance’s International Cooperation Finance Bureau Kim Hoe Jeong relayed this message to Fiji’s Ambassador to Korea Filimone Kau.
Korea plays a leading role in establishing climate change financing entities like the Global Green Growth Institute (GGGI), an international organization that aims to promote green growth in emerging and developing countries.
The country is also willing to work with Fiji in projects such as Renewable Energy with Energy Storage Systems, Landfill Gas (or Biogas) Management, Distribution of Electric Vehicles and Smart Farms .
Kau says such initiatives provide a good opportunity for collaboration adding the funding will greatly assist Fiji in technology transfer and knowledge development.
Jeong says the Korean Government is looking forward to working with Fiji in its efforts to fight climate change.