Pacific Climate Fund Secures 15 Million in Pledges
Pacific nations and international donors have contributed roughly 15 million to the resilience fund. Despite the boost, total pledges remain well below the targeted goal as island leaders push for increased global financial support.
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Fiji and Ireland pledged $15M to a regional climate fund on Wednesday afternoon, lifting total reserves to under $200M. The total falls well short of the $500M target set for upcoming UN climate talks. Pacific nations face severe climate risks while struggling to access global adaptation capital.
