Pacific moves to turn climate finance promises into bankable projects
PACIFIC leaders have taken a major step towards closing the region's climate finance gap after concluding a regional workshop aimed at turning long-standing climate finance commitments into investment-ready projects.
PACNEWS ONE, 16 JULY 2026
In this bulletin: 1. PACIFIC — Pacific pushes for faster access to Climate finance2. PACIFIC — Pacific Climate Finance agenda progresses ahead of Inaugural Investment Forum3. PACIFIC — Leaders want
ADB invests in sustainable fashion in Cook Islands
THE Asian Development Bank’s Frontier Seed initiative in the Pacific has made its first investment in the Cook Islands, backing Manini Wear with $USD130,000 in growth capital as the multilateral lender looks to
FCEF positive on new budget
THE Fiji Commerce and Employers Federation (FCEF) says measures in Fiji’s 2026-27 Budget aimed at relieving business cost pressures and strengthening skills development, will boost investment confidence. Under the
Fiji launches $500 million hospital transformation
FIJI has allocated $FJD647 million to the health sector, with a major $500 million transformation project FIJI has allocated $FJD647
Vanuatu receives $10m ADB grant
VANUATU will receive $USD10 million from the Asian Development Bank (ADB) to strengthen project delivery, build resilience to
Solomons to break spending cycle
SOLOMON Islands Finance Minister, Gordon Darcy Lilo, says the country must break its long-standing cycle of earning wealth only to
New Chief Executive Officer appointed to lead Australia-Pacific business councils
THE Australia Pacific Islands Business Council, Australia Papua New Guinea Business Council and Australia Fiji Business Council
Tuvalu’s investment in teacher training to benefit 970 children
TUVALU has launched a $USD2.5 million programme to upgrade teacher qualifications nationwide, as the government moves to meet new requirements that all teachers hold at least a Bachelor of Education.
Pacific economies urged to prioritise capacity over volume
PACIFIC island countries need a jobs strategy built around three pillars: reliable infrastructure, stronger private-sector
VT20m sandalwood facility to drive local processing in Vanuatu
VANUATU has welcomed welcoming the establishment of a new sandalwood oil processing facility in the capital, Port
Joint ownership model elevates Yasawa Islands Tourism
A NEW joint-ownership model between local landowners and investors marks a pioneering approach to tourism
Leaders want global investment in oceans
PACIFIC leaders have called for stronger global investment in ocean sustainability after a gathering of more than 150 government,
APIBC explores bilateral business engagement with Nauru, Guam, Marshall Islands
A delegation of members of the Australia Pacific Islands Business Council (APIBC) led by President Simon
Briefs
CONGRESSWOMAN Aumua Amata Coleman Radewagen is optimistic that federal funding for critical port improvements in American Samoa will ultimately be
New Zealand’s vision for a resilient Pacific region
THE Pacific Agenda: Investment, Security, and Shared Prosperity Summit, a senior-level, invitation-only forum designed to advance viable investment across the
IFC names Asia-Pacific Vice President
SARVESH Suri is the International Finance Corporation’s Regional Vice President for Asia and the
Marape seeks investors at world forum
PAPUA New Guinea’s Prime Minister, James Marape, heads for Switzerland with a list of projects he hopes will draw international
Grace Road in Fiji: Investment engine or human rights headache?
FIJI faces an uncomfortable reckoning as the United States threatens to cut millions of dollars in development aid over allegations of human trafficking tied to a South Korean
Solomons tuna processing plant design completed, awaiting finance
A TUNA processing facility which could boost the Solomon Islands economy has stalled due to funding
Fiji ready to host 2026 Fiji-Australia Business Forum
THE Australia-Fiji Business Forum (AFBF) successfully reinforced Australia-Fiji collaboration, with plans for future engagement centred on economic opportunities and sector
Japan confronts investment hurdles
THE shortage of skilled personnel, infrastructure constraints and complex landownership systems have been identified as barriers to doing business for Japanese companies in the
Fiji’s Finance Minister Applauds Punja at SPX Awards
THE name Punja in Fiji is renowned for an extraordinarily successful business family and their associated company, Punja & Sons Limited.
