His Royal Highness, the Prince of Wales convenes Commonwealth Pacific Leaders Regional Roundtable – Prime Minister Bainimarama reaffirms stronger Nationally-Determined commitments- (20-05-2021)

His Royal Highness, the Prince of Wales convenes Commonwealth Pacific Leaders Regional Roundtable – Prime Minister Bainimarama reaffirms stronger Nationally-Determined commitments- (20-05-2021)

Fiji will continue to chart the way forward in its commitment to stronger nationally-determined contributions under the Paris Agreement. In addition, our National Adaptation Plan maps out a multi-billion-dollar effort to strengthen our climate resilience.
In the face of this present global pandemic, Fiji will press ahead and “walk the talk” through the creative mobilisation of domestic resources, innovative capital market instruments such as Green Bonds and financing arrangements through bilateral and multilateral partners.
Fijian Prime Minister Josaia Voreqe Bainimarama, at last night’s Commonwealth Pacific Leaders Regional Roundtable, conveyed these bold remarks, adding we have also committed to planting 30 million trees and sustainably manage our vast ocean space by 2030.
The important meeting was convened by His Royal Highness, Prince Charles of Wales and the respective Chairs of the Commonwealth.
Prime Minister Bainimarama highlighted Fiji’s present challenges as we continue to battle the second wave of COVID-19, adding the pandemic is not just a health crisis but also a social and economic crisis with far-reaching consequences.
“These past few weeks have not been easy for my Government and the Fijian people. We fully contained COVID-19 for a year, but this disease has now managed to escape into our communities. We know it will be a long, tough road ahead, but we succeeded once and are confident that we will stop this virus again,” he told the forum.
“Our region is also battling a parallel planetary pandemic of sorts due directly to climate change. Extreme bio-diversity loss, frequent and intense weather events, and sea-level rise are setting back socio-economic progress that has been painstakingly built over decades.”
The Prime Minister also outlined some of Fiji’s plans in its road to economy recovery.
“Fiji has set the path to create a sustainable economy that can accommodate a dynamic private sector, attract investors, facilitate capital and new technology, and support diversification into new sectors,” he added.
“Long-term sustainability will require greater resources and capacity to fully implement the vision of the Agenda 2030, and we renew our call for greater access to affordable finance.
“A holistic approach is needed. We must move toward an inclusive and broad-based economy, build on sustainable blue and green economic models, use nature-based technologies and solutions, and accelerate the move to net-zero carbon emissions. Let us as a region reinforce our commitment to building more inclusive and sustainable economies that are resilient in the face of pandemics, climate change and other global challenges.”
Meanwhile, Fiji has welcomed the carbon-emission commitments made at the recent US Climate Summit by larger developed nations.
Prime Minister Bainimarama, particularly, acknowledged the United Kingdom for its commitment to embed into law its carbon-emission target of 78% below 1990 levels by 2035.
The regional countries represented at the roundtable included Australia, Kiribati, Nauru, New Zealand, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu.
Ends.
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