Solomon Islands calls for the Multi-Dimensional Vulnerability Index to improve access to climate and development finance.
Minister for Environment, Climate Change, Disaster Management and Meteorology Hon. Wayne Ghemu said climate finance must work for Pacific communities, as Solomon Islands calls for the adoption of the Multi-Dimensional Vulnerability Index (MVI).
Speaking at Pre-COP31, Minister Ghemu said the MVI would reflect the special circumstances of small island developing states and help unlock both development and climate finance from public and private sources.
He said Tropical Cyclone Malia which cost Solomon Islands over US$30 million shows why finance must be fit for purpose.
He said Pacific governments are doing their part by strengthening their own systems, including climate budget tagging and linking budgets to vulnerability assessments so that spending reaches the people most at risk.
“These reforms are about Pacific leadership, ownership and agency,” Minister Ghemu said.
He stressed that stronger national systems do not reduce the responsibility of partners.
“The international community must continue to meet its responsibility to provide climate financing that is adequate, predictable and accessible for vulnerable countries like ours that are at the frontline of climate change,” he said.
Minister Ghemu also welcomed the Pacific Resilience Facility (PRF), backed by Forum Leaders in Honiara in September 2025 and already delivering community projects in nine Pacific countries.
He called on partners to turn PRF pledges into paid-in capital.
SOURCE// OPMC PRESS RELEASE
