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    Crops Lead Household Income Sources

    Crops Lead Household Income Sources

    Solomon Islands launches Census reports

    Solomon Islands Launches Census Reports

    Solomon Islands Tackles Neglected Diseases

    Solomon Islands Tackles Neglected Diseases

    Opposition Leader slams roadwork contract

    Opposition Leader Slams Roadwork Contract

    Provinces Can Appeal PCDF Assessment

    Provinces Can Appeal PCDF Assessment

    Solomon Islands Media Urges Democracy Recognition

    Solomon Islands Media Urges Democracy Recognition

    Prime Minister Sogavare to Address UN General Assembly

    PM Sogavare to Address UN General Assembly

    Australian Funding Boosts Electoral Center

    Australian Funding Boosts Electoral Center

    Solomon islands and China enhance cooperation

    Solomon Islands and China Enhance Cooperation

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    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

    Relationships are the Enduring Currency of Influence for the Pacific Islands

    Relationships are the Enduring Currency of Influence for the Pacific Islands

    $7m down the plughole?

    $7m down the plughole?

    Lack of National identity, a snag to development: Businessman

    Lack of National identity, a snag to development: Businessman

    Securing land rights in Rennell and Bellona throughcustomary land recording and development of bylaws

    Securing land rights in Rennell and Bellona through
    customary land recording and development of bylaws

    Amazing Grace Launches Agritourism Experience

    Amazing Grace Launches Agritourism Experience

    Helena Goldie Hospital opens new Biomed Laboratory

    Helena Goldie Hospital opens new Biomed Laboratory

    Young woman elected to represent Rennell and Bellona tamatama*

    Young woman elected to represent Rennell and Bellona tamatama*

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    Solomon Power closer to resolve power issue

    Solomon Power Closer To Resolve Power Issue

    World Bank Report Highlights Migration Schemes

    World Bank Report Highlights Migration Schemes

    Pacific Island economies rebounding

    Pacific’s Recovery Amid Challenges

    Solomon Airlines expands services to Australia

    Solomon Airlines Expands Services To Australia

    Munda international airport terminal nears completion

    Munda international airport terminal nears completion

    Government optimistic to reduce electricity costs through energy reforms: Vehe

    Government optimistic to reduce electricity costs through energy reforms: Vehe

    Oz employer raises concern over betel-nut habit

    Oz employer raises concern over betel-nut habit

    Cable company weeks away yet to restore internet services via domestic network for provinces affected

    Cable company weeks away yet to restore internet services via domestic network for provinces affected

    SOEs financially successful because of robust legal frameworks – ADB Report

    SOEs financially successful because of robust legal frameworks – ADB Report

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    Historic agreement adopted for conservation and sustainable use of biodiversity in over two-thirds of the ocean

    Historic agreement adopted for conservation and sustainable use of biodiversity in over two-thirds of the ocean

    Mines beefs up monitoring on seismic activities 

    Mines beefs up monitoring on seismic activities 

    HCC to turn Central Market Green Waste into Organic Fertiliser

    HCC to turn Central Market Green Waste into Organic Fertiliser

    Houses in Central Guadalcanal receives electricity supply for first time

    Houses in Central Guadalcanal receives electricity supply for first time

    Solomon Islands loses sleep over nuclear powered submarines for Australia

    Solomon Islands loses sleep over nuclear powered submarines for Australia

    Assessment finds widespread damage to rootcrops on Tikopia and Anuta

    Assessment finds widespread damage to rootcrops on Tikopia and Anuta

    Not all doom and gloom – World traveler acclaim Solomon Islands beauty

    Not all doom and gloom – World traveler acclaim Solomon Islands beauty

    Earthquake rocks Honiara – damages highest building

    Earthquake rocks Honiara – damages highest building

    No tsunami threat for Solomon Islands

    No tsunami threat for Solomon Islands

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    Finance Ministers Champion Fossil Fuel-Free Pacific

    Finance Ministers Champion Fossil Fuel-Free Pacific

    UK Support for Climate Finance in the Pacific

    UK Extends Support for Climate Finance in the Pacific

    Climate change poetry competition

    Climate Change Poetry Competition for Honiara Students

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    UAE Ambassador to Solomon Islands delivers COP28 invitation  during courtesy visit to Acting Prime Minister

    UAE Ambassador to Solomon Islands delivers COP28 invitation during courtesy visit to Acting Prime Minister

    Pacific Maritime Transport Alliance Conference commence in Honiara

    Pacific Maritime Transport Alliance Conference commence in Honiara

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Ministry Conducts Training on Climate Change Assessment in Solomon Islands

    Ministry Conducts Training on Climate Change Assessment in Solomon Islands

    UNICEF: Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters

    UNICEF: Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters

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    Australia delivers sports park for games

    Australia Delivers Sports Park for Games

    China Hands Over Stadium Project to Solomon Islands

    China Hands Stadium Project to Solomon Islands

    Honiara U14 team

    Iumi Play U14 Championship Kicks Off

    FIFA President

    FIFA President To Arrive In Honiara Today

    FIFA President and Lionel Messi

    FIFA President to Visit Solomon Islands

    Suvania 1 - Champions of Avaiki Netball championship

    Avaiki Netball Championship Ends

    Surfing in West Guadalcanal

    Surfing In West Guadalcanal

    Solomon Stars in Women's Football visit Lionesses

    Solomon Stars Visits Lionesses At FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

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    Finance Ministers Champion Fossil Fuel-Free Pacific

    Finance Ministers Champion Fossil Fuel-Free Pacific

    World Bank Report Highlights Migration Schemes

    World Bank Report Highlights Migration Schemes

    Pacific Island economies rebounding

    Pacific’s Recovery Amid Challenges

    Forum Economic Ministers Meeting

    Forum Economic Ministers Address Region’s Economic Challenges

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    Customs administrations work on gender diversity

    Customs administrations work on gender diversity

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Forum SG commends Pacific negotiators as momentum gains for COP28

    New toolkit launched for Pacific Journalists Reporting on Corruption

    New toolkit launched for Pacific Journalists Reporting on Corruption

  • Opinions
    We cannot support the discharge of treated water into the ocean with serious concerns remaining

    WWF Japan Concern Over Ocean Discharge

    Solomon Islanders in Vanuatu

    Celebrating Culture Embracing Identity

    Justice delayed is justice denied

    Justice Delayed Is Justice Denied

    Media in Solomon Islands

    Media Funding in Solomon Islands: Seeking Clarity Amidst Scrutiny

    Transparency Solomon Islands Expresses Concerns Over Lack of Accountability and Transparency in DCGA-Led Government

    Transparency Solomon Islands Expresses Concerns Over Lack of Accountability and Transparency in DCGA-Led Government

    Revisiting RAMSI’s ‘Success Story’

    Revisiting RAMSI’s ‘Success Story’

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Adventure and Cultural tourism will deliver bigger returns for the Pacific: World Bank

    Adventure and Cultural tourism will deliver bigger returns for the Pacific: World Bank

  • Women
    Australia boosts water sanitation in Solomon Islands

    Australia Boosts Water Sanitation Access

    Suvania 1 - Champions of Avaiki Netball championship

    Avaiki Netball Championship Ends

    Solomon Stars in Women's Football visit Lionesses

    Solomon Stars Visits Lionesses At FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    Solomon Islands Roads and Aviation Project (SIRAP) Takes Action Against Gender-Based Violence

    Solomon Islands Roads and Aviation Project (SIRAP) Takes Action Against Gender-Based Violence

    20 women and girls participate in new ‘green construction’training program.

    20 women and girls participate in new ‘green construction’training program.

    Cervical cancer preventable – early detection key: Bainivalu

    Cervical cancer preventable – early detection key: Bainivalu

    More females as Tina hydro project progresses

    More females as Tina hydro project progresses

    Strengthening the Resilience of Women and Girls to Disasters: Solomon Islands Government,  Australia and UN Women launch new programme. 

    Strengthening the Resilience of Women and Girls to Disasters: Solomon Islands Government,  Australia and UN Women launch new programme. 

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Tavuli News
  • Home
  • News
    Crops Lead Household Income Sources

    Crops Lead Household Income Sources

    Solomon Islands launches Census reports

    Solomon Islands Launches Census Reports

    Solomon Islands Tackles Neglected Diseases

    Solomon Islands Tackles Neglected Diseases

    Opposition Leader slams roadwork contract

    Opposition Leader Slams Roadwork Contract

    Provinces Can Appeal PCDF Assessment

    Provinces Can Appeal PCDF Assessment

    Solomon Islands Media Urges Democracy Recognition

    Solomon Islands Media Urges Democracy Recognition

    Prime Minister Sogavare to Address UN General Assembly

    PM Sogavare to Address UN General Assembly

    Australian Funding Boosts Electoral Center

    Australian Funding Boosts Electoral Center

    Solomon islands and China enhance cooperation

    Solomon Islands and China Enhance Cooperation

  • Feature
    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

    Western Provincial Council of Women validate Constitution and Strategy – the first in 12 years

    Relationships are the Enduring Currency of Influence for the Pacific Islands

    Relationships are the Enduring Currency of Influence for the Pacific Islands

    $7m down the plughole?

    $7m down the plughole?

    Lack of National identity, a snag to development: Businessman

    Lack of National identity, a snag to development: Businessman

    Securing land rights in Rennell and Bellona throughcustomary land recording and development of bylaws

    Securing land rights in Rennell and Bellona through
    customary land recording and development of bylaws

    Amazing Grace Launches Agritourism Experience

    Amazing Grace Launches Agritourism Experience

    Helena Goldie Hospital opens new Biomed Laboratory

    Helena Goldie Hospital opens new Biomed Laboratory

    Young woman elected to represent Rennell and Bellona tamatama*

    Young woman elected to represent Rennell and Bellona tamatama*

  • Business
    Solomon Power closer to resolve power issue

    Solomon Power Closer To Resolve Power Issue

    World Bank Report Highlights Migration Schemes

    World Bank Report Highlights Migration Schemes

    Pacific Island economies rebounding

    Pacific’s Recovery Amid Challenges

    Solomon Airlines expands services to Australia

    Solomon Airlines Expands Services To Australia

    Munda international airport terminal nears completion

    Munda international airport terminal nears completion

    Government optimistic to reduce electricity costs through energy reforms: Vehe

    Government optimistic to reduce electricity costs through energy reforms: Vehe

    Oz employer raises concern over betel-nut habit

    Oz employer raises concern over betel-nut habit

    Cable company weeks away yet to restore internet services via domestic network for provinces affected

    Cable company weeks away yet to restore internet services via domestic network for provinces affected

    SOEs financially successful because of robust legal frameworks – ADB Report

    SOEs financially successful because of robust legal frameworks – ADB Report

  • Environment
    Historic agreement adopted for conservation and sustainable use of biodiversity in over two-thirds of the ocean

    Historic agreement adopted for conservation and sustainable use of biodiversity in over two-thirds of the ocean

    Mines beefs up monitoring on seismic activities 

    Mines beefs up monitoring on seismic activities 

    HCC to turn Central Market Green Waste into Organic Fertiliser

    HCC to turn Central Market Green Waste into Organic Fertiliser

    Houses in Central Guadalcanal receives electricity supply for first time

    Houses in Central Guadalcanal receives electricity supply for first time

    Solomon Islands loses sleep over nuclear powered submarines for Australia

    Solomon Islands loses sleep over nuclear powered submarines for Australia

    Assessment finds widespread damage to rootcrops on Tikopia and Anuta

    Assessment finds widespread damage to rootcrops on Tikopia and Anuta

    Not all doom and gloom – World traveler acclaim Solomon Islands beauty

    Not all doom and gloom – World traveler acclaim Solomon Islands beauty

    Earthquake rocks Honiara – damages highest building

    Earthquake rocks Honiara – damages highest building

    No tsunami threat for Solomon Islands

    No tsunami threat for Solomon Islands

  • Climate Change
    Finance Ministers Champion Fossil Fuel-Free Pacific

    Finance Ministers Champion Fossil Fuel-Free Pacific

    UK Support for Climate Finance in the Pacific

    UK Extends Support for Climate Finance in the Pacific

    Climate change poetry competition

    Climate Change Poetry Competition for Honiara Students

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    UAE Ambassador to Solomon Islands delivers COP28 invitation  during courtesy visit to Acting Prime Minister

    UAE Ambassador to Solomon Islands delivers COP28 invitation during courtesy visit to Acting Prime Minister

    Pacific Maritime Transport Alliance Conference commence in Honiara

    Pacific Maritime Transport Alliance Conference commence in Honiara

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Ministry Conducts Training on Climate Change Assessment in Solomon Islands

    Ministry Conducts Training on Climate Change Assessment in Solomon Islands

    UNICEF: Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters

    UNICEF: Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters

  • Sports
    Australia delivers sports park for games

    Australia Delivers Sports Park for Games

    China Hands Over Stadium Project to Solomon Islands

    China Hands Stadium Project to Solomon Islands

    Honiara U14 team

    Iumi Play U14 Championship Kicks Off

    FIFA President

    FIFA President To Arrive In Honiara Today

    FIFA President and Lionel Messi

    FIFA President to Visit Solomon Islands

    Suvania 1 - Champions of Avaiki Netball championship

    Avaiki Netball Championship Ends

    Surfing in West Guadalcanal

    Surfing In West Guadalcanal

    Solomon Stars in Women's Football visit Lionesses

    Solomon Stars Visits Lionesses At FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

  • Regional
    Finance Ministers Champion Fossil Fuel-Free Pacific

    Finance Ministers Champion Fossil Fuel-Free Pacific

    World Bank Report Highlights Migration Schemes

    World Bank Report Highlights Migration Schemes

    Pacific Island economies rebounding

    Pacific’s Recovery Amid Challenges

    Forum Economic Ministers Meeting

    Forum Economic Ministers Address Region’s Economic Challenges

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    WWF-Pacific Office Launches Ambitious 2025 Strategic Plan to Address Climate Change and Biodiversity Loss

    Customs administrations work on gender diversity

    Customs administrations work on gender diversity

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Forum SG commends Pacific negotiators as momentum gains for COP28

    Forum SG commends Pacific negotiators as momentum gains for COP28

    New toolkit launched for Pacific Journalists Reporting on Corruption

    New toolkit launched for Pacific Journalists Reporting on Corruption

  • Opinions
    We cannot support the discharge of treated water into the ocean with serious concerns remaining

    WWF Japan Concern Over Ocean Discharge

    Solomon Islanders in Vanuatu

    Celebrating Culture Embracing Identity

    Justice delayed is justice denied

    Justice Delayed Is Justice Denied

    Media in Solomon Islands

    Media Funding in Solomon Islands: Seeking Clarity Amidst Scrutiny

    Transparency Solomon Islands Expresses Concerns Over Lack of Accountability and Transparency in DCGA-Led Government

    Transparency Solomon Islands Expresses Concerns Over Lack of Accountability and Transparency in DCGA-Led Government

    Revisiting RAMSI’s ‘Success Story’

    Revisiting RAMSI’s ‘Success Story’

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Raki Ap: “Is it time that Melanesian leaders allow West Papua to sit on the MSG table?”

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Transparency Solomon Islands calls on police to investigate illegal harvesting of bech-de-mer in Malaita Outer Islands

    Adventure and Cultural tourism will deliver bigger returns for the Pacific: World Bank

    Adventure and Cultural tourism will deliver bigger returns for the Pacific: World Bank

  • Women
    Australia boosts water sanitation in Solomon Islands

    Australia Boosts Water Sanitation Access

    Suvania 1 - Champions of Avaiki Netball championship

    Avaiki Netball Championship Ends

    Solomon Stars in Women's Football visit Lionesses

    Solomon Stars Visits Lionesses At FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    SI Female Journalists To FIFA Women’s World Cup

    Solomon Islands Roads and Aviation Project (SIRAP) Takes Action Against Gender-Based Violence

    Solomon Islands Roads and Aviation Project (SIRAP) Takes Action Against Gender-Based Violence

    20 women and girls participate in new ‘green construction’training program.

    20 women and girls participate in new ‘green construction’training program.

    Cervical cancer preventable – early detection key: Bainivalu

    Cervical cancer preventable – early detection key: Bainivalu

    More females as Tina hydro project progresses

    More females as Tina hydro project progresses

    Strengthening the Resilience of Women and Girls to Disasters: Solomon Islands Government,  Australia and UN Women launch new programme. 

    Strengthening the Resilience of Women and Girls to Disasters: Solomon Islands Government,  Australia and UN Women launch new programme. 

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Home Climate Change

More grants not loans says Pacific Island country

Georgina Kekea by Georgina Kekea
04/05/2023
in Climate Change, News
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Climate change remains the country’s greatest threat, says Head of the Solomon Islands delegation to the 56th Annual meeting in Seoul, Dr. Luke Forau. Dr. Luke Forau who is the Governor of the Central Bank of Solomon Islands led a two (2) man team to the ADB Board of Governors meeting in Incheon, Seoul. Forau told Tavuli News that the climate change risk is real and Pacific Island countries are calling for more support from ADB in climate finance adaptation. ‘All the member countries in the Pacific came out strongly to talk about this during our meeting and said that they want more support in climate finance adaptation and resilience’, Forau said. The adverse weather conditions are causing much damage to Pacific Island countries’ economies. In Solomon Islands, the population growth rate is higher than the economic growth rate and frequent adverse weather events are impediments to the development of the country. With limited infrastructure and lack of social services support for its population, the country faces debt risks in the near future. In Fiji, the government’s debt to GDP has risen to 90 percent during the pandemic while Vanuatu has suffered great damages from the impacts of cyclones Judy and Kevin in the recent months. Forau said the Pacific Island members are requesting that ADB also consider giving out grants rather than loans. He said small Pacific island states with low carbon gas emissions are suffering the consequences of climate change which are not of their making. 

Governor of the Central Bank of Solomon Islands, Dr. Luke Forau being interviewed in Incheon at the 56th ADB Meeting

Meanwhile ADB this week launched its new Finance Facility program called IF-CAP. ADB President, Mr. Masatsugu Asakawa, says the Innovative Finance Facility for Climate in Asia and the Pacific, IF-CAP is a global first in its scale and scope and will transform climate finance in two ways. “First, IF-CAP will change the way we do business. The region needs trillions in investment to combat climate change. To help reach that level, we need to maximize our capital in new ways. IF- CAP will multiply ADB’s lending capacity through leverage. This will allow us to crowd in substantially more resources from the private sector, and other investors who share our commitment to climate action”, Asakawa said. “The program is based on the use of financial guarantees from our partners. By guaranteeing a portfolio of ADB’s sovereign loans, they will help to shoulder some of the loss in case of a credit event in one of our borrowers. This is a groundbreaking arrangement because it will reduce the capital ADB needs to hold for credit risk, freeing up capital for a substantial increase in lending to climate projects. Every dollar of guarantee into IF-CAP will result in the capacity to make new loans”, Asakawa said. He said secondly, IF-CAP will change the way climate change is addressed. “Climate change demands innovative and all-encompassing solutions. IF-CAP will provide this, it will be the first ADB financing vehicle to serve as a one-stop shop for climate finance. This will make climate action across sectors and regions possible. And it will support both infrastructure and reforms that address climate changes issues”. In October 2021, ADB committed to elevating its ambition to $100 billion in cumulative climate financing from its own resources to its DMCs for the period 2019-2030. Investment in all developing countries for climate mitigation is estimated to be between $140 billion to $175 billion per year by 2030. Climate adaptation cost estimates for Asia and the Pacific are in the order of $40 billion per year between now and 2050. ADB has 68 member countries. 49 of the members are from the Asia Pacific Region.

Georgina Kekea

Georgina Kekea

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