Today, we globally emit around 50 billion tonnes of CO2e each year. This is more than 40% higher than emissions in 1990, an increase from 35 billion tonnes. Human activity is overloading our atmosphere with carbon dioxide and other global warming emissions. The result is a web of significant and harmful impacts, from stronger, more frequent storms, to drought, sea-level rise, and extinction which we the Pacific Island countries are among the most vulnerable nations globally.
A new partnership between the European Union (EU), the Pacific Community (SPC) and the Government of the Federated States of Micronesia (FSM) signed today, will ensure communities across FSM particularly the state of Chuuk have improved access to affordable, reliable and environmentally sound energy services into the future.
Electricity generation currently accounts for 42% of FSM's total carbon emissions. US$50 million is spent annually on fuel imports with most fuel used for electricity generation and transportation. This project will help reduce both the cost and carbon impact from electricity generation through leveraging effect to encourage partnership type renewable energy projects with the private sector.
The Sustainable Energy and Accompanying Measures (SEAM) project funded by the European Union (EU) and implemented by SPC will contribute to making energy access cheaper for the people of FSM by reducing the use of fossil fuels, flipping the switch to renewable energy sources.
“Tackling climate change is not an easy task. Reducing demand and managing it better is the cleanest and cheapest energy approach there is, and we should make the most of it here in the Pacific. This project will help us provide more people with access to consistent energy whilst also allowing us to reduce our reliance on fossil fuels into the future and we are incredibly thankful to the European Union and SPC for their work to help us achieve this together,” said Federated States of Micronesia’s Charge’ d’ Affaires to Fiji, Mr Wilson Waguk.
Moreover, the project will encourage partnership type arrangement with emphasis placed on linking initiatives, stakeholders and knowledge for climate-resilient infrastructure and livelihood to upgrade social and economic development for better livelihoods of its people creating jobs through training courses in energy including operation and maintenance of solar PV systems.