Fiji's new relocation fund for people displaced by climate change launched in New York

United States, Sept. 24 -- By Pita Ligaiula in New York

Fiji's Prime Minister Voreqe Bainimarama launched in New York on Monday the world's first relocation fund for people displaced by climate change.

"Our new trust fund is undeniably one of the most effective ways that we can help our communities adapt to climate change. And it is also undeniably one of the most effective ways our international partners can support our adaptation effort, said Bainimarama.

"We are seed funding the Trust Fund through a percentage of the revenue from our Environment and Climate Adaptation Levy (ECAL). Based on current projections, the annual allocation from ECAL will be approximately five million dollars a year. But this is not enough. We look forward to ...