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Green Innovation Training: Suva, Labasa and Nadi

Business Assistance Fiji (BAF) is partnering with Business Link Pacific (BLP) and the Asian Development Bank (ADB) to increase local expertise on climate innovation and green finance.

This unique three-party partnership is working to increase the availability of local business advisors offering climate services to micro, small, and medium-sized enterprises (MSMEs) in Fiji.

Climate change is a significant worry for MSMEs operating in the Pacific. Unfortunately, there is a shortage of advisory expertise to support entrepreneurs with climate adaptive measures, including developing innovative climate interventions and services and products that can assist local communities in being resilient to climate-induced shocks.

BAF, in partnership with ADB and BLP, is introducing comprehensive training for local business advisors who aspire to broaden their services to MSMEs by including new service areas such as climate mitigation, adaptation, access to green finance, and green growth. The training, designed by BLP (funded by the New Zealand Ministry of Foreign Affairs and Trade), aims to equip business advisors with practical tools to assess and guide MSMEs through developing new products and services while supporting MSME owners in accessing finance for their projects.

BAF is implementing the training with the support of ADB. The first Green Innovation Training session commenced on following dates:

Suva – Monday, 22 April 2024 at Fiji Development Bank (FDB)

Labasa – Tuesday, 23 April 2024 at the Co-operative Department Conference Room at Ratu Raiobe Building Neasea in Labasa.

Nadi – Thursday, 25 April 2024 at the Capricorn Hotel, Queens Road, Martintar, Nadi

“Innovative approaches for climate adaptive measures among MSMEs can boost the private sector’s ability to adapt to and mitigate climate change, leading to a more resilient MSME sector,” reported Vimlesh Vikash Bharat, ADB Senior Financial Sector Officer.

The training will provide practical skills in advisory services that support climate innovation and access to green finance. Attendees will be able to meet the growing needs of MSMEs wanting to enter sectors such as renewable energy, environmental technology, or sustainable agriculture, as well as those who wish to improve their environmental practices or communicate their efforts towards climate action.

“There are opportunities for new income streams from products and services that help people prepare for climate change or reduce environmental impact; local MSMEs should be prepared to capitalise on those opportunities,” said Ramesh Chand, BAF General Manager.

“It’s worth noting that there is a significant rise in green investment and finance opportunities for improving climate resilience in the Pacific. This trend presents a promising avenue for business growth and development that business advisors can help to accelerate, “said Steve Knapp, BLP Director.

During the training, BAF will also feature BLP’s Climate Action Sensor, an online self-assessment tool designed to help MSMEs better understand their gaps and opportunities related to climate change.

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Further information:
Enquiries about this news release should be made to Business Assistance Fiji at +6799986577 e-mail: businessassistancefiji@gmail.com

About the three partners

Asian Development Bank: is a multilateral development bank committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members, 49 from the region. ADB is taking a leading role in developing more innovative climate financing solutions to help the region combat climate change.

Business Assistance Fiji: Supports economic growth through the development of the MSME sector. Meets the needs of the Fiji MSME sector by providing high-quality business information, advice, and tailored business development services.

Business Link Pacific: BLP is a private sector development programme funded by the New Zealand Ministry of Foreign Affairs and Trade and delivered by DT- Global. BLP supports the economic growth of Pacific Island countries. 

The Business Link Pacific team is based in New Zealand. It is currently supported by in-country partners in the Cook Islands, Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu. BLP is extending its services to Nauru, Niue Tokelau and Tuvalu.

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