Fiji’s central bank faces climate change challenge
Governor notes disaster risk management is evolving at rapid pace
The governor of the Reserve Bank of Fiji admitted the institution is still grappling with climate change and, in some cases, has only a peripheral role in climate risk strategy.
Presenting the central bank’s annual Insurance Report, Faizal Ariff Ali said the institution continued to be “challenged to ‘think outside the box’ and be part of the national solution to ensuring Fiji’s resilience against the risk and effects of climate change”.
This was because of how rapidly disaster risk management
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