The global pandemic, adding to the existing climate related challenges, have placed impact investment at the forefront of Pacific countries' agenda. Over the past year, the Fiji Trade Commission to ANZ has contributed towards this goal, by focusing on the promotion of green and blue economy's projects, women empowerment and initiatives that will enhace the livelihood of remote communities.
Within the private sector Matanataki is leading the space; the Fiji-based organisation brought together business developers, finance experts, conservationists and creatives, to support the development of green and blue businesses in Fiji and the wider Pacific.
Earlier in December, together with Investment Fiji they hosted an Investment Readiness for Private Sector Finance Webinar. The main speakers, Jodi Smith and Paul Chatterton, shared insights on what investors are looking for, the importance of environmental impact, and the business opportunity when investing in the blue economy.
It is clear that the ESG element has become increasingly important to attract investors. Consequently, the FTC has been liaising with various international organisations to provide assistance to Fijian businesses that aim to reach the investment readiness level.
So far, a number of Fijian enterprises have been connected with the Private Financing Advisory Network (PFAN), a global network of climate financing experts and GET Invest, a finance catalyst for renewable energy projects in developing countries. In addition, the Office has been supporting the United Nations Capital Development Fund to build a pipeline of SDG's oriented investable assets in Fiji.
To find out more about Fiji's blue and green investment opportunities, visit www.investinfiji.today and connect with our offices.