Tonga met today with the World Bank during COP27 in Egypt

Tonga met today with the World Bank during COP27 in Egypt to discuss climate change interests and partnerships, of which Tonga highlighted the importance of climate financing towards building the country’s resilience; and the need to recognize small island states’ vulnerability beyond a country’s GDP/capita when determining financial allocations. Tonga’s Ministry of Finance will pursue further dialogue with the World Bank in ensuring effective use of climate finances.

Meeting between some of the Pacific island countries and the World Bank Managing Director of Operations, Mr. Axel van Trotsenburg and World Bank Regional Vice President for East Asia and Pacific, Ms. Manuela V. Ferro.