Papua New Guinea receives $24m for climate resilience

Papua New Guinea (PNG) is receiving an investment worth $24.25 million (£16.7m) to fight the impacts of climate change. The Asian Development Bank (ADB) will work with the government to […]

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By Jacqueline Echevarria

Papua New Guinea (PNG) is receiving an investment worth $24.25 million (£16.7m) to fight the impacts of climate change.

The Asian Development Bank (ADB) will work with the government to help the nation build its climate resilience.

The money it is providing will be used to conduct climate change and vulnerability assessments and prepare adaptation plans for communities.

It aims to integrate climate risk and resilience planning into policies.

The country’s economy is likely to suffer the biggest losses from climate change in the Pacific, the ADB stated.

Marcelo Minc, ADB Country Director in PNG said: “The assistance will help PNG raise its development planning capacity, allowing the government to scale up investments in climate resilience.”