NZBusiness+Management

FIJI S PERFECT STORM FOR INVESTORS

There’s every reason for Fiji to be encouraging offshore investment into its renewable energy industry. The majority of Fiji’s renewable energy is generated using hydropower; climate change has forced a number of villages to relocate; electricity demand increased by 18 percent between 2015 and 2019; and the government wants Fiji to be 100 percent powered by renewable sources by 2036.

Fiji is also implementing its long-term climate action plan under the Paris Agreement to the UN Framework Convention on Climate Change (UNFCCC), with the goal of being carbon neutral across all sectors of the economy by 20501 .

The country is determined to deliver on

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