US$8m Fisheries Fund Approved For Nauru
REPUBLIC OF NAURU
Government Information Office
MEDIA RELEASE
For Immediate Release
Monday, 8 May 2023
US$8m Fisheries Fund Approved
For Nauru
The Adaptation Fund recently
approved US$8M for Nauru's project proposal titled, 'resilient
coastal fisheries and aquaculture'. This is the first time for
Nauru to access the Adaptation Fund.
Secretary for the Department of
Environmental Management and Agriculture (DEMA), Berilyn Jeremiah
says this is a milestone achievement for Nauru in terms of climate
resilience as it will address long-standing barriers that hamper
the implementation of adaptation solutions in the coastal fisheries
and aquaculture sector and therefore will contribute to greater
food security, nutrition and ecosystem health.
The project components include
strengthened policy and planning strategies together with increased
technical abilities of civil servants and communities through
awareness raising campaigns.
It will also look at improved food
security and nutrition through farmed fish supply, and increased
resilience of ecosystems and adaptive capacity of communities for
adaptation planning and environmental protection.
Project implementation is expected
to be in January 2024 with the Pacific Community (SPC) as the
implementing entity, and executing responsibilities shared with the
Nauru Government.
The Adaptation Fund was established
under the Kyoto Protocol of the UN Framework Convention on Climate
Change.
ENDS///