Green Climate Fund

The funding is part of the Vanuatu Climate Information Services for Resilient Development in Vanuatu project; locally known as the Van-KIRAP (Vanuatu Klaemet Blong Redy, Adapt mo Protekt), and was accessed through the Secretariat of the Pacific Regional Environment Programme (SPREP), as the Accredited Entity.

The total Green Climate Fund (GCF) investment in Vanuatu is USD 18,106,905 for three years, up to January 2022.

This follows the recent announcement that the Cook Islands is the first Pacific island country to have received a Readiness grant from the GCF to support institutional strengthening to access climate finance.

The announcement further improves opportunities for cooperation between the Pacific region and the GCF. Late last year Fiji’s Urban Water Supply and Wastewater Management Project was one of the first eight from around the world to be approved for funding, and earlier this week Cook Islands became the first Pacific country and Small Island Developing State to receive a readiness support grant from the GCF.

Opposition Labour party member Su'a William Sio made the comments after the Cook Islands became the first in the Pacific to get money through the GCF.

The money is intended to help vulnerable nations adapt to climate change.