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The Republic of China (Taiwan) has reaffirmed its assist for the Caribbean Nationally Decided Contribution Finance Initiative (NDCFI).

Taiwan’s continued dedication to the Caribbean NDCFI got here on Tuesday, July 5, 2022, through the opening of the second Nationally Decided Contribution (NDC) Funding Discussion board convened by the Authorities of Saint Lucia and Organisation of Japanese Caribbean States (OECS).

The second NDC Funding Discussion board was held from July 5-7, 2022, at Harbor Membership Lodge, in Gros Islet, Saint Lucia, beneath the theme, “From the Frontline to the Future: Uniting the Caribbean for Daring Local weather Motion”, and highlighted points and options associated to decarbonising the Japanese Caribbean, through exploring ambition and alternative by means of cooperation and assist.

In September 2018, Taiwan assisted the Division of Sustainable Growth in internet hosting the first-ever Regional NDC Funding Discussion board held in October that 12 months.

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In April 2022, Taiwan contributed EC$30,000.00 to the NDCFI in the direction of internet hosting this 12 months’s funding discussion board.

Throughout his remarks on the Opening Plenary and Panel Dialogue on July 5, 2022, H.E. Peter
Chia-yen Chen, Taiwan’s Ambassador to Saint Lucia, mentioned Taiwan was happy to help but once more in internet hosting the vital funding discussion board.

Nevertheless, he famous that extra must be executed to decarbonise the Japanese Caribbean and construct resilience to the impacts of local weather change, including that Taiwan has been making some daring strides.

“Taiwan, as a NDC accomplice, may be very keen to mobilise extra assets to help the hassle,”
Ambassador Chen mentioned.

“This March, the Authorities of Taiwan unveiled its roadmap to realize net-zero emissions by 2050, becoming a member of one other 136 international locations on this planet to pursue the purpose of limiting international temperature improve to 1.5 levels Celsius.”

Ambassador Chen added: “The proposal within the roadmap contains making renewable power
account for 60-70% of Taiwan’s electrical energy provide by 2050, creating carbon seize,
utilisation and storage know-how, reviewing legal guidelines and rules, selling decarbonised
transportation, electrical automobiles and inexperienced buildings. Taiwan regards attaining net-zero and
mitigating local weather disaster as our collective and generational accountability whereas becoming a member of the
world.”

Appearing Prime Minister, Dr. Ernest Hilaire, who spoke on behalf of Prime Minister, Hon. Philip J. Pierre, mentioned the gathering of key stakeholders on the funding discussion board symbolised the
acknowledgement that there’s energy in numbers.

He famous that because the Area continues to expertise financial contractions attributable to the COVID-19 pandemic, local weather change should stay a precedence.

“At this juncture, as we proceed our restoration efforts from the pandemic, however that the worldwide economic system continues to limit our progress, we should seize the chance to design strategic and high-impact resilience measures to additional recuperate from the extreme loss, together with the job losses we have now all suffered. Herein lies the chance for us to actually pursue a inexperienced restoration pathway for long-term sustainable development with resilience to local weather change.”

Hon. Shawn Edward, Minister for Training, Sustainable Growth, Innovation, Science,
Expertise and Vocational Coaching, inspired all stakeholders to proceed taking part in their
respective roles to realize the purpose of mitigating local weather change.

“Allow us to be certain that we proceed to play our half,” Hon. Edward mentioned. “We as small island
creating states should proceed to battle boldly and persevere collectively amidst the threats of local weather change,” he mentioned.

In the meantime, Dr. Didacus Jules, Director Basic of the OECS, mentioned regardless of the harsher realities that the science is displaying mankind faces sooner or later with respect to local weather change, a proactive method turns into vital.

“It’s the contemplation of such a future that has galvanized the Governments and other people of the Area to motion to pursue another future; a future based not on fatalism, however on resolve and collective motion, and a perception that, together with a really keen worldwide group, we will flip the tide in opposition to local weather change.”

As an open regional platform for local weather motion, the NDCFI invitations energetic engagement and
contributions from international locations, improvement companions, improvement banks and personal sector stakeholders for the supply of:

 Regional cross-sector and multi-partite stakeholder consultations, engagement, and
alternate processes that assist ambitions for local weather management within the Caribbean and
catalyse investments in resilient and low-carbon infrastructure throughout precedence sectors as
recognized by OECS Member States;

 Studying and supporting alternatives that handle hurdles within the improvement of
funding tasks in key sectors; and

 Studying and supporting alternatives that enhance entry to private and non-private local weather
finance.

Supply: Embassy of the Republic of China (Taiwan)

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