Director General of the Republic of Korea’s Ministry of Strategy and Finance International Cooperation Finance Bureau, Mr Kim Hoe Jeong, expressed Korea’s willingness to work with Fiji to utilize funds from climate change financing entities for climate change related adaptation and mitigation projects at a meeting with HE Ambassador Filimone Kau.
Korea plays a leading role in establishing climate change financing entities like the Global Green Growth Institute (GGGI), an international organization that aims to promote green growth in emerging and developing countries. Korea is willing to work with Fiji in projects such as Renewable Energy with Energy Storage Systems, Landfill Gas (or Biogas) Management, Distribution of Electric Vehicles and Smart Farms .
HE Ambassador Kau, said that such initiatives provide a good opportunity for collaboration between Korea and Fiji with the support of climate change financing entities . He added that this initiative from the Korean Government will greatly assist Small Island Developing States like Fiji in technology transfer and knowledge development. Fiji is appreciative of the commitment expressed by Korea to addressing climate change.
Mr Jeong said that the Korean Government is looking forward to working with Fiji in its efforts to fight climate change.”