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FOR IMMEDIATE RELEASE
The mighty ocean...“small islands’ resource of last resort” - Prime Minister of Tonga at COP28 calls for financing of ocean energy in small islands and coastal LDCs Announces
$500 million indicative project pipeline of ocean energy projects
8 December 2023, Dubai Expo City, Dubai, United Arab Emirates (UAE): “SIDS are in a desperate situation, as we have little space left to deploy land-based solar PV and wind to meet our energy needs. The ocean is our resource of last resort,” said the Honourable Siaosi ‘Ofakivahafolau Sovaleni (Hon. Huʻakavameiliku), Prime Minister of the Kingdom of Tonga and President of the SIDS DOCK Assembly, in his remarks read at a SIDS DOCK side event on financing ocean energy in Small Island Developing States (SIDS) at COP28, on 6th December 2023, held at the Alliance of Small Island States (AOSIS) Pavilion. The Prime Minister’s remarks were delivered by Mr. Vaʻinga Tōnē, Permanent Representative of the Kingdom of Tonga to the United Nations and Chair of the SIDS DOCK Executive Council.