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 | 08:51am CET

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"
08:24pDebt-Market Slowdown Troubles Investors
DJ
07:54pMINISTRY OF COMMERCE OF ISLAMIC REPUBLIC OF PA : Milestone in Pak-China Friendship- Pakistan outperforms at the CIIE 2018
PU
07:41pGrim search for 1,276 missing after deadliest California wildfire
RE
06:15pChina Pushes Modern Farming as Tariffs Make U.S. Crops Costlier
DJ
05:51pIsrael to slash spending through 2035 to fund police salary hike
RE
05:37pSouth Africa's Eskom to cut 1,000 MW of power from grid on Sunday
RE
05:23pUNECA UNITED NATIONS ECONOMIC COMMISSION FOR AFR : ECA and partners to establish Continent-wide digital identities
PU
05:15pJordan's parliament passes IMF-backed tax law to reduce public debt
RE
04:48pJordan's lower house of parliament approves new IMF-backed tax law after introducing changes
RE
04:44pMINISTRY OF FOREIGN AFFAIRS OF REPUBLIC OF MAL : Special Envoy of Prime Minister of Japan calls on Foreign Minister
PU
Latest news "Economy & Forex"
Advertisement