Pacific leaves empty handed from COP31 “pledging event” for new fund

Australia’s much-anticipated session to help Pacific nations lift off a new regional fund went by without a single new cent pledged, despite it being a key moment to achieve its target of $500 million promised by the end of the year.

In only a year since its adoption, the island states have operationalised the Pacific Resilience Facility (PRF) - a regional fund that disburses small grants directly to local communities. The fund has approved 14 projects so far, including on water se


Read More