Port development

Australia acknowledged in port upgrade

The GCF approved a $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, who even asked its high commissioner to the UK Alexander Downer to lobby diligently on Nauru’s behalf,” said Minister for Finance David Adeang.