Mapping of the Private Sector Activities Related to Climate Change Adaptation and Mitigation in Solo

A background note on the project and the terminology was sent to SICCI for distribution to members; • Contact with the Ministry of Commerce, Industry, Labour and Immigration to inform them of the project and to seek input on SMEs that should be included in the contact program; • Dialogue with the Ministry of Environment, Climate Change and Disaster Management and Meteorology to keep them informed. [...] The scale and likely impacts of these projects would be of interest to several implementing entities such as the World Bank/IFC, ADB and UNDP, all of which are active in the region and have committed to additional support in response to the COVID-19 crisis. [...] Complex and difficult funding submissions Acceptance of the need to collaborate with and work through required by the large climate change funds the Accredited Agencies (such as the ADB, World Bank/IFC, UNDP, that are beyond the capabilities of the SPREP) for the large climate change funds. [...] When the national currency devalued against the US dollar, the spread between the cost of purchasing power from the BOT partner in US dollar and the revenue from consumer payments in the local currency increased substantially with an adverse impact on the government purchaser of the power. [...] The Solomon Islands Accredited Agency for climate change funds, currently the Ministry of Environment, Climate Change and Disaster Management and Meteorology, would co-chair the Business Resilience Council but the team within SICCI would operate as a secretariat and work under the direction of the Council.