The Green Climate Fund Readiness 6 team and Chamber of Commerce representatives. From left to right front row: Mani Mate, Adrienne Hosking-Tinirau; back row - Raymond Newnham, Ana Tiraa, Eve Hayden, Vaine Arioka, Tessa Vaetoru). CHAMBER/24020704
The Ministry of Finance and Economic Management’s Development Coordination Division and Chamber of Commerce have joined forces for climate action under the Green Climate Fund readiness and preparatory support programme.
Ministry of Finance and Economic Management, Development Coordination Division
(MFEM-DCD) and the Cook Islands Chamber of Commerce – Punanga Kimi Puapinga o
te Kuki Airani, are pleased to announce the signing of a Memorandum of
Understanding (MOU), marking the start of a significant collaboration between
the two organisations.
MOU outlines the commitment of the Development Coordination Division to provide
crucial support to the Chamber of Commerce for activities falling under the
Green Climate Fund Readiness Programme, titled “Increasing the Resilience of
the Cook Islands through Enhancing National Adaptation Programming”.
a statement, the Chamber said MFEM-DCD is the delivery partner under the GCF
Readiness Programme, ensuring oversight of the overall implementation of the
programme, while collaborating closely with the Climate Change Cook Islands
partnership aims to bolster national capabilities within the private sector in
addressing climate change challenges through strategic planning and
implementation, it adds.
part of this collaboration, the Chamber of Commerce as the voice of the private
sector will play a pivotal role in supporting the Development Coordination Division
and Climate Change Cook Islands in executing the GCF Readiness Programme over
the next year.
Chamber of Commerce’s responsibilities will include undertaking a private
sector vulnerability analysis and exploring innovative climate adaptation incentives
to stimulate private sector involvement in climate action, through
consultations on Rarotonga and Pa Enua, the statement said.
Mate, director of the Development Coordination Division, expressed enthusiasm
for this collaboration, stating, “This partnership reflects our shared
commitment to advancing climate resilience and sustainability. By leveraging
the strengths of both organizations, we aim to make meaningful contributions to
our national climate change priorities and goals.”
Hosking-Tinirau, chairperson of the Chamber of Commerce, echoed these
sentiments, emphasising the importance of private sector engagement in climate
involvement in the GCF Readiness Programme aligns with our vision and strategic
activities that seek to meaningful and genuinely contribute to a sustainable
prosperous future for the Cook Islands. We look forward to contributing
valuable insights and fostering climate innovation within the private sector,”
to the statement, this collaboration underscores the collective efforts of the
public and private sectors in addressing climate change challenges.
combining expertise and resources, the Development Coordination Division and
the Chamber of Commerce aim to inspire and drive positive change and promote
sustainable practices within the Cook Islands.”