#Latest news with #SamasoniFinikasoABC News26-05-2025BusinessABC NewsGreen Climate Fund offers 100 million plus in funding to Pacific countriesNext month, Pacific countries are set to access the more than 100-million dollar climate funding to help mitigate climate change impacts on tuna fisheries. The grant from the Green Climate Fund will be split between 14 countries and will be used to study tuna migration patterns. Current modelling predicts that as the ocean warms tuna stocks will move east away from Pacific exclusive economic zones. Many Pacific countries rely on tuna fisheries for food security and their economy. In Tuvalu the fisheries business accounts for 40 percent of their GDP. "Tuna accounts for more than half of local catch on the island," said Tuvalu's Director of Fisheries Samasoni Finikaso. "Our life is associated with the ocean," he added.
ABC News26-05-2025BusinessABC NewsGreen Climate Fund offers 100 million plus in funding to Pacific countriesNext month, Pacific countries are set to access the more than 100-million dollar climate funding to help mitigate climate change impacts on tuna fisheries. The grant from the Green Climate Fund will be split between 14 countries and will be used to study tuna migration patterns. Current modelling predicts that as the ocean warms tuna stocks will move east away from Pacific exclusive economic zones. Many Pacific countries rely on tuna fisheries for food security and their economy. In Tuvalu the fisheries business accounts for 40 percent of their GDP. "Tuna accounts for more than half of local catch on the island," said Tuvalu's Director of Fisheries Samasoni Finikaso. "Our life is associated with the ocean," he added.