PCRIC Invited to Cook Islands’ Hosted Leaders Event at COP27
The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu was cordially invited to the Cook Islands’ COP27 high-level event at the Moana Blue Pacific Pavilion hosted by the Prime Minister Hon. Mark Brown.
This side event with the theme, ‘The Blue Pacific Continent 2050: from Strategy to Implementation’, brought together a panel of Pacific Leaders from the Cook Islands, Palau, Tonga, and Fiji to hold conversations and offer critical perspectives on specific thematic areas identified within the 2050 Strategy for the Blue Pacific Continent such as climate change and disasters; ocean and natural environment, etc.
The Pacific Islands Forum defines the Strategy as “a long-term strategy to guide how we will work together as countries and territories, communities, and as people to secure our region’s future against the challenges of today and the coming decades, to achieve a free, safe and prosperous region.”
This Strategy was endorsed by Pacific Leaders at the 51st Pacific Islands Forum Leaders Meeting held in July this year in Suva, Fiji. With the Cook Islands nominated as the incoming Forum Chair, their mandate and key deliverables will be predominantly guided by the Strategy.
Mr. Palu remarked that, “as PCRIC is domiciled in the Cook Islands, it was an honor to be present during this dialogue and hear our leaders’ thoughts on the issues that challenge the Pacific, especially natural disasters. The Strategy is like a lamp that leads us on the path to a better future for us all and hopefully, a resilient one.”
During this event, the panelists discussed:
- Spreading awareness about Pacific climate priorities through exchange on thematic areas of the 2050 Strategy.
- Seeking opportunities for partnerships and areas of collaboration with all climate stakeholders to successfully implement the 2050 Strategy.
- Promoting the Cook Islands’ hosting of the 53rd Pacific Islands Forum Leaders’ Summit in 2023 as a platform to strengthen opportunities to deliver action and solutions to climate related challenges faced by Pacific Island countries.
