The capacity building workshop was a national level, 2-days training that covered the theoretical aspect of climate investments and flows as well as the approaches and practices adopted to track and report these investments and financial flows.
IRENA and the High-level Climate Champions hosted this event to support the accelerated mobilisation of investments and finance for energy transitions in SIDS for improved livelihoods and poverty eradication.
A five-day workshop, jointly organised by the Ministry of the Environment of Japan and IRENA, aims to support the development of bankable project proposals to access climate finance, especially from the GCF, by various stakeholders, including Regional and National Direct AEs from SIDS.
The capacity building event contributed to the improvement of PPAs (Power Purchase Agreements) in the region and enhanced the capability of local utilities and regulators to design bankable contracts, with the final goal of contributing to effective commitment of private capital to the deployment of renewable energy projects in SIDS of the Pacific.
MOEJ and IRENA organised a three-day training program to support the development of project proposals to access climate finance by SIDS stakeholders through various entities including local banks and climate finance entities.