The Minister of Finance, Hon. Tiofilusi Tiueti, stressed the importance of innovative financing in addressing climate change during one of the COP29 side events “Charting the Future: Long-term Investment Strategy of the Pacific Climate Change Centre (PCCC).”
The event, held within the Pacific Climate Change Centre at the Secretariat of the Pacific Regional Environment Programme (SPREP), introduced the Pacific Climate Innovative Investment Hub as a vital mechanism for climate action in the region.
Hon. Tiueti emphasized the hub’s role in enabling national entities, the private sector, and vulnerable groups, including women and youth, to develop tailored financial solutions.
“Through sustained partnership, resource mobilisation, and a strategic focus on innovation, we can collectively build a more resilient and prosperous Pacific region. The time to act is now. Let us work together to build a future where the Pacific thrives,” Tiueti said.

Other speakers included Ms. Finau Soqo, PRF Manager, who highlighted the hub’s alignment with the Pacific Resilience Facility, and Mr. Sefanaia Nawadra, Director General of SPREP, who praised the initiative’s potential.
The event reinforced the Pacific’s commitment to securing long-term investments and partnerships to combat climate change effectively.
Leaders called for collective action to ensure sustainable and resilient solutions for the region.