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Regional Ocean Challenges: Pathways to Climate Finance for Small Island Developing States

Forum put on in the Climate Genreations space by Global Island Partnership and The Nature Conservancy 3 December 2015

 

Speakers: Spencer Thomas (Grenada), Greg Hunt (Australia), Dr Naoko Ishii (Japan), Dr Melchior Mataki (Solomon Islands), Ronny Jumeau (Seychelles), Tony DeBrum (Marshall Islands).

 

Australia's Environment Minister Greg Hunt talked about championing Asia Pacific rainforest recovery project, importance of blue carbon in mangroves and developing mechanisms for measuring blue carbon. Talked about GBR under stress from development and efforts to improve water quality with a long term 2050 plan. He said gov inherited 5 massive dredge proposals and had progressively knocked each of them out. Put in place recently a law to ban forever dredge spoil disposal on GBR.

 

Support partner for Coral Triangle Initiative. $13 mil so far contributed to this initiative.

 

Involved in setting up a blue carbon partnership with donor states, small island states and private bodies for enhancing blue carbon storehouses.

 

With the Green Climate Fund Hunt said Australia had contributed $200 mil with Australia's main role as co-chair will be to facilitate rapid access to funds for approved projects, to add decisive capacity.

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Uploaded on December 3, 2015
Taken on December 3, 2015