This grant is used to fund the strengthening and capacity building of the Cook Islands country office of the National Designated Authority and the capacity of the Ministry of Finance. [...] This is no surprise as the GCF itself has been slow to action the private sector portion of their portfolio in the Pacific, and slower again to identify the modalities for the adaptation part of the private sector allocation. [...] This concept note is drafted to present a project to increase the economic resilience of the Cook Islands through the strengthening of the private sector and its resilience to climate change. [...] While there is a recognition of the value of the private sector to the economy, in many developing states the considerations of the private sector have yet to be mainstreamed. [...] The CICoC is well placed to centralize and coordinate in country processes and outputs in order to deliver this project for the Cook Islands private sector and for the benefit of all beneficiaries of the Cook Islands economy.
- Pages
- 58
- Published in
- Fiji
