Fiji, Nov. 11 -- Although the Solomon Islands has unlocked over USD$120 million in global climate finance, structural gaps force reliance on foreign intermediaries and delays urgent disaster relief.
Speaking exclusively to In-depth Solomons in Antalya, Exley Taloiburi, Green Climate Fund (GCF) Head of Multilateral Governance and Observer Engagement based in South Korea, cautioned the country's current financial architecture.
He said, while celebrating major investments like the $86 million Tina River Hydropower Project and the $25 million SOLCAS initiative, Taloiburi warned that the Solomon Islands is missing a crucial piece of the puzzle _"a domestic accredited implementing entity."
"Right now, the Green Climate Fund disburses funds dir...