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The Pacific’s Survival Fund: Why Australia’s US$69 Million Commitment Is Bigger Than Climate Aid - Commonwealth Union
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The Pacific’s Survival Fund: Why Australia’s US$69 Million Commitment Is Bigger Than Climate Aid - Commonwealth Union
The establishment of the Pacific Resilience Facility (PRF) is a new climate finance mechanism led by Pacific countries that will provide funding to assist frontline communities who are suffering from increased sea-level rise and destruction caused by cyclones and other environmental disasters. 157 million (US $69 million) has been pledged by Australia to establish the PRF. Australia’s Foreign Minister Penny Wong announced the PRF’s start-up in S…
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