Fijian PM urges world's major economies to strengthen climate finance investments

According to the prime minister, Fiji, with Marshall Islands, Samoa, Vanuatu, Solomon Islands and Tuvalu, have agreed to work together to reduce fossil fuel use in their marine transportation by up to 40 percent by 2030 and 100 percent by 2050.

"This demands a transformation of our maritime sectors which will require new kinds of financial partnerships with bilateral and multilateral assistance and, potentially, a regional blue shipping bond," he said.

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