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Tuesday, March 24 2026

Suva, Fiji 17 March 2026 — Pacific development banks are strengthening climate accountability through the second regional webinar hosted by the Association of Development Financing Institutions in the Pacific (ADFIP), with support from The Agence Française de Développement (AFD). 

The second ADFIP webinar on carbon emissions reporting brought together development banks and key partners from across the region to better understand how financial institutions can measure and report the climate impact of their investments. 

Leading the session was Dr. Hassan Aftab Sheikh from the University of Oxford, who shared practical guidance on tracking “financed emissions” the carbon footprint linked to loans and investments. He highlighted that these emissions often represent the largest share of financial institutions’ overall climate impact. 

“To align with national climate goals, financial institutions need clear GHG emissions data to understand where they can reduce emissions and potentially offer green financial products,” Dr. Sheikh said. 

The webinar builds on ADFIP’s ongoing efforts to strengthen climate finance capacity across the Pacific, while addressing key challenges identified in earlier discussions — including limited technical capacity, lack of standardized tools, and difficulties scaling solutions across small island economies. 

Ms. Jennifer Henry, CEO of the Bank of Cook Islands and Chair of ADFIP, emphasized the importance of accountability. “If we are serious about climate-resilient development, we must also be serious about understanding and disclosing the climate impact of our lending and investment portfolios.” 

Despite increasing global expectations, many Pacific institutions still face barriers in accessing the tools and support needed to measure emissions effectively. 

According to Ms. Elodie Vitalis, Head of AFD in Fiji, closing this gap is critical. “Without credible carbon accounting, access to the growing pool of climate finance remains constrained, particularly for institutions on the frontline of climate change.” 

The webinar marks another important step in helping Pacific development banks align with global standards, strengthen transparency, and unlock climate finance to support sustainable, climate-resilient development. 

For more information, visit:  adfip.org – Association of Development Financing Institutions in the Pacific 

Pacific Regional Contact  

Enerelt Enkhbold| GGGI Green Investment Officer| enerelt.enkhbold@gggi.org 

Maika Kama| GGGI/ADFIP Communications| maika.kama@gggi.org