Government of the Republic of Fiji
Government of the Republic of Fiji
09/27/2024 | Press release | Distributed by Public on 09/26/2024 16:54
FIJI CALLS FOR RENEWED INTERNATIONAL...
Fiji is calling for renewed international cooperation to tackle global challenges, including climate change, conflict, and inequality.
His Excellency the President Ratu Wiliame Katonivere stated this while delivering Fiji's statement at the 79th United Nations General Assembly today.
Reaffirming Fiji's commitment to multilateralism, President Katonivere expressed concerns about the growing divides between rich and poor nations, intensified by rapid technological advancements. He emphasised Fiji's advocacy as a large Ocean State for the UN Convention on the Law of the Sea (UNCLOS).
"Fiji has signed and will ratify the Agreement on Biodiversity Beyond National Jurisdiction (BBNJ), in the lead-up to the 3rd UN Oceans Conference in France."
"Fiji has ratified the World Trade Organisation (WTO) Agreement on Fisheries Subsidies, which aims to eliminate harmful subsidies that contribute to IUU fishing."
The Head of State also said that Fiji is calling for concerted efforts at the WTO to finalise Part II of the Fisheries Subsidies Agreement that addresses subsidies to overfishing and overcapacity.
"As the global community prepares for the Climate COP in Baku, Azerbaijan, we call on countries to work together with the UN to implement the outcomes of the global stocktake undertaken at COP28."
"Deep, rapid, and sustained reductions in greenhouse gas emissions in line with 1.5 degrees Celsius must be vigorously pursued and accelerated."
The phase-out of unabated coal power and transitioning away from fossil fuels in energy systems will contribute to the achievement of net zero targets by 2050.
"Both adaptation and mitigation financing require a substantial increase. We call on states to commit to finalising the new collective quantified goal (NCQG) and address glaring gaps in climate finance."
"The momentum from COP27 and COP28 on the Loss and Damage Fund and the Santiago Network must be accelerated in order to protect vulnerable communities who stand to lose the most from the climate crisis, particularly in small island developing states and less developed countries."
By 2050, around 240 of the country's coastal communities will be displaced due to sea-level rise, and 42 communities are in urgent need of relocation.
With the limitations of the multilateral climate financing architecture, President Katonivere added that Fiji has established the world's first national Relocation Trust Fund to support our relocation costs.
"We have issued domestic and international green and blue bonds, piloted low-cost parametric insurance products for rural communities, and engaged the private sector in climate resilience building. We call on our development partners to support our efforts."
His Excellency the President Ratu Wiliame Katonivere stated this while delivering Fiji's statement at the 79th United Nations General Assembly today.
Reaffirming Fiji's commitment to multilateralism, President Katonivere expressed concerns about the growing divides between rich and poor nations, intensified by rapid technological advancements. He emphasised Fiji's advocacy as a large Ocean State for the UN Convention on the Law of the Sea (UNCLOS).
"Fiji has signed and will ratify the Agreement on Biodiversity Beyond National Jurisdiction (BBNJ), in the lead-up to the 3rd UN Oceans Conference in France."
"Fiji has ratified the World Trade Organisation (WTO) Agreement on Fisheries Subsidies, which aims to eliminate harmful subsidies that contribute to IUU fishing."
The Head of State also said that Fiji is calling for concerted efforts at the WTO to finalise Part II of the Fisheries Subsidies Agreement that addresses subsidies to overfishing and overcapacity.
"As the global community prepares for the Climate COP in Baku, Azerbaijan, we call on countries to work together with the UN to implement the outcomes of the global stocktake undertaken at COP28."
"Deep, rapid, and sustained reductions in greenhouse gas emissions in line with 1.5 degrees Celsius must be vigorously pursued and accelerated."
The phase-out of unabated coal power and transitioning away from fossil fuels in energy systems will contribute to the achievement of net zero targets by 2050.
"Both adaptation and mitigation financing require a substantial increase. We call on states to commit to finalising the new collective quantified goal (NCQG) and address glaring gaps in climate finance."
"The momentum from COP27 and COP28 on the Loss and Damage Fund and the Santiago Network must be accelerated in order to protect vulnerable communities who stand to lose the most from the climate crisis, particularly in small island developing states and less developed countries."
By 2050, around 240 of the country's coastal communities will be displaced due to sea-level rise, and 42 communities are in urgent need of relocation.
With the limitations of the multilateral climate financing architecture, President Katonivere added that Fiji has established the world's first national Relocation Trust Fund to support our relocation costs.
"We have issued domestic and international green and blue bonds, piloted low-cost parametric insurance products for rural communities, and engaged the private sector in climate resilience building. We call on our development partners to support our efforts."