The Government of the Republic of Nauru

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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///