Deputy Prime Minister and Minister of Finance, Professor Biman Prasad, underscored the essential link between academic research and its application in policymaking during his keynote address at the Second International Conference on “Key Issues in Climate Accounting.” He addressed an audience comprised of academics, policymakers, and professionals at the FRCS Training Room, emphasizing that effective communication between researchers and policymakers is crucial for translating research into actionable strategies to combat climate challenges in Fiji and throughout the Pacific region.
Professor Prasad highlighted Fiji’s active role in the recent COP 29 summit, where the nation significantly contributed to securing commitments for climate finance. This included efforts to operationalize a loss and damage fund aimed at supporting Small Island Developing States (SIDS). He recognized the challenges that Pacific nations face in accessing climate finance but stressed the importance of building the capacity of small island nations like Fiji to execute projects that deliver meaningful, long-term impacts.
Additionally, he encouraged collaboration among academics, policymakers, and professionals to focus on innovative solutions and the significance of climate accounting in tracking and reporting progress on climate objectives.
This emphasis on transforming research into concrete actions showcases a progressive approach to tackling climate issues, highlighting hope for effective collaborations that can lead to real change in addressing environmental concerns. It serves as a reminder of the crucial role that interdisciplinary partnerships play in creating impactful climate solutions.
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