Building resilience to climate change through integrated coastal management and economic instruments.
Some economic and financial mechanisms go beyond the scale of RESCCUE pilot sites, and are relevant to the entire Pacific islands region. RESCCUE explored opportunities associated with four of them:
For each of these mechanisms, the project reviewed past and existing efforts, identified challenges and opportunities, and provided recommendations both at the regional level and for each of the four RESCCUE countries and territories.
In New Caledonia and French Polynesia, upon requests from partner administrations, the project developed precise taxes and subsidies reform proposals and assessed their socio-economic and environmental impacts. Similar in-depth studies are needed in any country wishing to engage in actual reforms.