Rachna Lal, USP Journalism, Climate Pasifika
The Small Island Developing States (SIDS) launched their Sustainable Energy Initiative called SIDS Dock today at the COP15.
SIDS annually spends in excess of 25 percent of their foreign exchange earnings on fossil fuels, on which they are highly dependent.
The Director of Secretariat of the Pacific Regional Environment Programme (SPREP), David Sheppard said SIDS Dock is an institutional mechanism that will facilitate the development of a clean energy economy within the SIDS.
The Work of SIDS doc will be in assisting SIDS with developing a sustainable energy sector, increasing energy efficiency and development of renewable energy resources together with other important key functions.
The Prime Minister of Saint Lucia, Stevenson King in giving his full support to the Dock said, “The SIDS Dock provides one new window of opportunity to reduce our emissions.”
By providing SIDS with a mechanism to pursue sustainable energy, SIDS Dock will make it easier for multilateral organization, private sector and donor countries to invest across multiple island states.