Climate change: Australia announces 338m dollars funding

TRACKING >>Australia has announced 500 million Australian dollars (338 million U.S. dollars) in funding for the Pacific region to tackle climate change, including disaster resilience and renewable energy investment.

“The Pacific is our home, which we share as a family of nations,” Australian Prime Minister Scott Morrison said Tuesday, ahead of a visit to Tuvalu to participate in the Pacific Islands Forum.

The aid will also fund a hydro electric power project in the Solomon Islands, roads and bridges in Papua New Guinea and climate resilient schools in Kiribati.

The 500-million-dollar aid commitment over five years from 2020 builds on the 300 million dollars already committed for 2016 to 2020.

In recent years, Australia has faced a serious backlash from its Pacific neighbours for not doing enough to tackle its carbon emissions, continuing to invest in coal production and using Kyoto carry-over credits to meet Paris climate deal targets.

On Monday, Fijian Prime Minister Frank Bainimarama asked Australia “to more fully appreciate” the “existential threat” facing Pacific nations, saying Australia should hasten its transition to renewable energy as achieving net-zero emissions by 2050 won’t be possible with the continued use of coal.

Tuvalu Prime Minister Enele Sopoaga, who is hosting the forum, said regardless of how much money is invested, “it doesn’t mean anything if you are contributing to the serious impacts of climate change.”

“Australia needs to do more,” said Claire Anterea, a climate activist based in Kiribati, one of the small island states most at risk due to rising sea levels