Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Analysis & opinionAugust 1 2019

Fiji economy minister pushes financial independence through green bonds

Fiji’s attorney-general and minister for economy, Aiyaz Sayed-Khaiyum, explains to Kimberley Long how the country is expanding its economy and encouraging international investment through green bonds. 
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

Q. Climate change is a major concern in the Pacific Islands. How is it affecting Fiji? 

A: The impact of climate change is being felt disproportionately in Fiji and the Pacific Islands. When Cyclone Winston hit in 2016, Fiji lost one-third of its gross domestic product [GDP] in 24 hours. Fortunately most of the hotels were spared the worst damage. A huge amount has to be invested into climate change planning, accounting for 10% of all Fiji’s debt. 

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial
Kimberley Long is the Asia editor at The Banker. She joined from Euromoney, where she spent four years as transaction services editor. She has a BA in English Language and Literature from the University of Liverpool, and an MA in Print Journalism from the University of Sheffield. Between degrees she spent a year teaching English in Japan as part of the JET Programme.
Read more articles from this author