Fiji, July 1 -- Pacific Island countries are being encouraged to develop a Regional Pacific Climate Change Taxonomy to strengthen climate-responsive public financial management, improve transparency and accountability, and better align climate finance with national and regional priorities, according to a new information brief.

The report, Introduction to a Pacific Climate Change Taxonomy, is the first in a mini-series designed to build understanding and support the development of a regional framework for classifying climate-related investments across the Pacific.

It says the initiative draws on lessons from Pacific Island countries that have already begun similar reforms as part of broader public financial management strengthening effor...