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FEMM seeks money for COVID, money for climate

“For the Pacific, the impact of climate change will remain as the greatest threat to our Pacific people in the longer term. You can quarantine COVID-19, but climate change cannot be quarantined.”

That’s Exsley Taloiburi, climate change finance adviser at the Pacific Islands Forum Secretariat in Suva.

This month, the annual Forum Economic Ministers Meeting (FEMM) went online, to discuss the regional response to the coronavirus pandemic. The meeting focussed on the social and economic effects of border closures, increased health spending, the collapse of tourism and associated job losses. But Forum Secretary General Dame Meg Taylor was quick to acknowledge the region was dealing with compounding and interconnected challenges: “Today, we are now faced with three crises: a health crisis, an economic crisis and the ongoing climate crisis.”

The final FEMM outcomes statement agreed: “We recognise the three-pronged crisis currently facing the region – the impact of COVID-19, the devastating effects of climate change and natural disasters, and the fragile economic health of the region as a consequence of inherent vulnerabilities.”

Tuvalu’s Minister of Finance Seve Paeniu was chair of FEMM 2020. Speaking to journalists after the meeting, Paeniu stressed that these combined crises affect states like Tuvalu, that do not have any confirmed cases of coronavirus: “Even though we are COVID-19 free, we are already feeling the flow-on impact in terms of the financial drain on our resources, in terms of our health systems, to ensure that our capacity to be able to respond in the event that there is a COVID-19 outbreak in Tuvalu. On top of that, we are very much vulnerable to natural disasters. At the beginning of this year we were hit by Cyclone Tino and then a few weeks later we had the COVID-19 pandemic.”

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