The frustration of accessing climate finance could be a thing of the past with Papua New Guinea’s recent connection to the Green Climate Fund.
A workshop held this week brought together stakeholders to assist them understand the process and requirements, to enable access to funding from the Green Climate Fund.
Acting Managing Director of the Climate Change and Development Authority, Ruel Yamuna, is optimistic about PNG’s climate change priorities.
The Green Climate Fund (GCF) is a fund within the UN Framework Convention on Climate Change (UNFCCC). It was founded as a mechanism to assist developing countries in adaptation and mitigation practices to counter climate change.
The Climate Change & Development Authority is the national designated authority for the Green Climate Fund in PNG.
Coral Pasisi, Green Climate Fund Regional Adviser to the Pacific, said the Fund comes in only to enable the country to achieve its objectives in relation to low emission development pathway, adaptation and mitigation.
Mr Yamuna said everything takes its cue from this workshop. He said following this workshop, CCDA will have a follow up where different stakeholders will be consulted on the best possible project or program to peruse.