Climate Finance Session in Fiji Addresses Adaptation Gap for Pacific Islands

A high-level side event on Scaling Adaptation Finance for the Blue Pacific took place in Fiji on October 6, 2026. The session was co-hosted by the Asian Development Bank, the Pacific Community, and the Secretariat of the Pacific Environment Programme. The event was co-chaired by the Governments of the Cook Islands and Palau. The discussions focused on the challenges of accessing climate finance for developing countries.

Participants highlighted that Pacific Islands produce less than 0.03 per cent of global greenhouse gas emissions but face some of the world’s highest climate risks. The session noted that developing countries require adaptation finance at roughly twelve times their current international share.