Samoa holds its first National Climate Finance Forum

liangxingqiao

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Only five projects have brought in more than 100 million U.S. dollars in funding for Samoa to strengthen its resilience to climate change. This was raised at the first Samoa National Climate Finance Forum held in Apia today.

Samoa has established a Climate Resilience Steering Committee to coordinate climate and disaster risk financing, chaired by the Ministry of Finance, which is responsible for coordinating these plans and their funding. Other project funds are managed by different departments responsible.

At the national level, this well-coordinated approach is also sought at the national level.

"We call for a well-coordinated regional approach, especially regional projects that have established a positive development approach, in order to cooperate with Samoa at this stage," said Peseta Noumea Simi, CEO of Samoa's Ministry of Foreign Affairs and Trade.

"Samoa’s priorities are similar to many of its Pacific neighbors and need to strengthen the resilience of our community.

Climate finance is described as a crowded space, with many partners in Samoa and at the regional level, and different financing methods and different projects are underway.

Co-sponsored a one-day forum with the Samoan government to listen to Samoa’s approach in dealing with this issue. Three regional climate financing projects cooperate to plan and implement national priorities to support access to climate change financing.

The three regional projects are the United States Agency for International Development’s climate preparedness, the United States Agency for International Development-Pacific Community (SPC) to strengthen institutions in Pacific island countries to adapt to climate change (ISACC) and the Australian Department of Foreign Affairs and Trade (DFAT)-GIZ The Pacific region provides climate change financing preparations (CFRP).

"In the best interests of Samoa, the way these three projects are combined to avoid duplication should be commended," said Mr. Kosi Latu, Director General of the Pacific Regional Environment Programme (SPREP) Secretariat, ISACC's implementing partner in Samoa.

"We hope that you will learn from the first forum and apply it to other events in the region.

The Samoa National Climate Finance Forum outlined Samoa’s climate finance projects and participated in discussions led by two groups-"Support for Climate Resilience in Samoa" and "Climate Change is Local Experienced, how to effectively solve by contacting local groups and institutions "a group of national non-governmental organizations, civil society and the private sector, organizations.

The Samoa National Climate Finance Forum was held at the Tanoa Tusitala Hotel on May 9. A cooperative initiative between the United States Agency (USAID), the German Agency for International Cooperation (GIZ) and the Ministry of Foreign Affairs and Trade (DFAT).
 
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