Harnessing the Power of Pacific Trade Sustainable Development.

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Presentation transcript:

Harnessing the Power of Pacific Trade Sustainable Development

Knowledge is power! Recap FABC 2009 Funding the Power Measuring the Pacific’s Sustainability Sustainable Partner The true Pacific Power

Recap – Power in 2009 Powering Pacific trade: – Energy Efficiency technology to retrofit a/c and refrigeration (XDX Australia) – Low emission gas powered a/c (Fiji Gas) – Coconut biofuel (Niu Industries)

Funding the Power Sustainable Energy Financing Project – Sustainable Energy Financing Project (SEFP) is a World Bank initiative available in Fiji – Applicable to investment in approved RE & EE technology – SEFP loans managed by ANZ Carbon offset programs – ANZ requirement est. 200,000 tCO2 offsets (circa 2006 report for A & NZ) – Cost effectiveness of generating carbon offsets from diesel dependent Pacific (equates to 50 million litres of diesel displaced)

Sustainable measures for trade

Trading Sustainability Fiji has half the “ecological foot-print” of Australia & NZ (but twice the Pacific average) – Lower carbon product & services Young soil linked to health benefits – Example: Selenium link to Cancer (Lancet 2000) High wellbeing/happiness – Fiji is around three times happier than Australia & NZ (Happy Planet Index 2006)

New Partner in Sustainable Business WWF Pacific – Engagement: Business for a Sustainable Pacific – Brand: International e.g. “Earth Hour” – Media: 20 million people receive daily updates – Charlie Avis/Maria Turaga

Rugby - the real Pacific Power