FSM’s first Green Climate Fund project begins
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Written by Bill Jaynes
PALIKIR, Pohnpei—On March 19th, 2021, His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—gave an address on the occasion of the signing of the Nation’s first single-country project with the Green Climate Fund (GCF). The FSM Climate Resilient Food Security Project, the result of diligent effort on behalf of Micronesia Conservation Trust and the GCF National Designated Authority Office in Palikir, with support from the Departments of Resources & Development, Environment, Climate Change, & Emergency Management, and Finance & Administration, the State Governments of Yap, Chuuk, Pohnpei, and Kosrae, the College of Micronesia-FSM, The Nature Conservancy, the U.S. Agency for International Development, et al., is a 9.4 million-dollar project of which nearly 8.6 million will be directly financed by the GCF.