Tuvalu Coastal Scheme Officially Launched
- Business & Finance
The Prime Minister of Tuvalu, Enele Sosene Sopoaga, along with the United Nations Development Programme (UNDP) yesterday officially launched the Tuvalu Coastal Adaptation Project (TCAP) marking the start of an ambitious, large-scale push to protect the Pacific island nation from climate change.
The Tuvalu Coastal Adaptation Project, set to run for seven years, is financed with $36 million from the Green Climate Fund and $2.9 million from the Government of Tuvalu.
Building on existing initiatives, and using a range of measures for coastal protection – including eco-system initiatives, beach nourishment, concrete and rock revetments, and sea walls – the project focuses on building coastal resilience in three of Tuvalu’s nine inhabited islands.
A total of 2,780m of high-value vulnerable coastline, with houses, schools and hospitals, will be protected from increasingly intensive wave action and coastal inundation.
Building national capacity for resilient coastal management is also a key focus of the project, set to be completed in May 2024.