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Assessing Remittances Potential to Build Climate Resilience in the Pacific

Assessing Remittances Potential to Build Climate Resilience in the Pacific
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Guest Article: Assessing Remittances Potential to Build Climate Resilience in the Pacific | SDG Knowledge Hub | IISD – IISD's SDG Knowledge Hub

Only 1% of global climate finance flows reach the Pacific.In Fiji, Tonga, and Vanuatu, remittances account for 7.9%, 39%, and 10.9% of their GDP, respectively.BASE and Oxfam in the Pacific designed a market-based mechanism, which enables remittance senders to purchase selected climate resilience infrastructure for their families and communities, simultaneously advancing SDGs 13 and 10.By

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