18 Sep 2019

Pacific to gain from ACP mobilisation of resources

6:13 am on 18 September 2019

Small Pacific Island states are to be among the beneficiaries of a multi-billion-dollar project fund set up by the African, Caribbean and Pacific group.


Photo: AFP

The ACP Secretariat is offering projects from a funding pool of over $US4.4 billion for its member states.

This was confirmed by the ACP's Assistant Secretary-General, Viwanou Gnassounou, who was in Apia last week to launch the ACP Fisheries Ministers meeting.

Mr Gnassounou told the Samoa Observer the projects include private sector developments, climate change resilience, trade, as well as natural disaster monitoring and prevention.

He said a $US38.7 million programme has been earmarked for the preservation of marine biodiversity in the Small Islands Developing States.

Mr Gnassounou said part of the money is given to the Pacific Islands Forum to manage directly for the region.