The Government of Nauru has acknowledged the supportive role that Australia played in its successful efforts to get approval from the United Nations’ Green Climate Fund (GCF) to upgrade the country’s port.
The GCF approved an AU$35m funding proposal for the Nauru port at its final board meeting of the year in early October in Egypt, one of eleven climate finance initiatives the board approved in different parts of the world.
The Fund’s primary function is to help developing countries such as Nauru respond to climate change.
“One of the keys to our success was the assistance of Australia,” said Minister for Finance David Adeang.
“Australia supported our delegation in Cairo to help make our case that the port genuinely needs to be upgraded due to Nauru’s susceptibility to the effects of global warming.”
Mr Adeang said it was gratifying for Nauru to have such a good friend in Australia.
“This is further evidence of our ongoing mutual cooperation.”