Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

ADB - Asian Development Bank : ADB to Help Reduce Climate Change Risks in Tonga

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/15/2013 | 02:51am EDT

The project proposal being developed will help address priority climate change risks in Tonga.

NUKU'ALOFA, TONGA - A consultation workshop held today will help develop a project proposal to address climate change risk priorities identified in the Joint National Action Plan on Climate Change Adaptation and Disaster Risk Management.

"All lives and livelihoods will be significantly affected by climate change," said Lord Ma'afu, Minister for Lands, Environment, Climate Change & Natural Resources, at the opening of today's workshop. Lord Ma'afu emphasized Tonga's vulnerability to natural hazards and climate related risks, adding that the program will help the people of Tonga prepare for and protect themselves against climate change.

Attended by senior government officials, the private sector and civil society representatives, the workshop updated stakeholders about the status of the project being prepared to help Tonga manage climate related events. A technical assistance team from the Asian Development Bank (ADB) is helping Tonga formulate and implement its Strategic Program for Climate Resilience.

"The workshop is an opportunity for us to receive important feedback from participants, which will be key in developing a strong project design and will facilitate implementation," said Maria Paniagua, ADB Project Team leader.

The Strategic Program for Climate Resistance is a pilot program under the Climate Investment Fund (CIF), a multi-donor Trust Fund. In Tonga, the CIF is financed by ADB. Tonga is one of only three countries in the Pacific Islands selected for the pilot program and was chosen for its high level of vulnerability to climate hazards and risks.

Tonga is the recipient of $57 million in loans, $37 million in grants and $20 million in technical assistance since joining ADB in 1972.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
07:05aAmazon offers $10 to Prime Day shoppers who hand over their data
RE
07:05aRunning of The Bulls Rescheduled Due to Hurricane Barry – 13th Rendition of San Fermin in Nueva Orleans Moves to Aug. 23-25
SE
07:05aOil gains as Iran tensions outweigh U.S. supply boom
RE
07:04aOil gains as Iran tensions outweigh U.S. supply boom
RE
07:02aJPMorgan profit rises 16% on tax gain
RE
07:00aBANK OF ENGLAND : Minutes of the Securities Lending Committee...
PU
06:56aBurgeoning family offices manage $5.9 trillion - Campden
RE
06:48aThirteen of France's well-known 'Tati' discount stores to close down
RE
06:35aJim McCann and Rosalind Clarke Announce an Exquisite Landmarked Colonial Revival Palm Beach Residence
SE
06:28aFACTBOX - BLOCKCHAIN PROJECTS : A status update
RE
Latest news "Economy & Forex"
Advertisement