Other trends

15/12/2011

<p style="text-align: justify;">Sustainability will take deeper roots around the region: Renewable energy projects, sustainability initiatives and practices promoting environmental conservation will see their continued rise in the Pacific Islands, <!--more-->irrespective of whether climate change adaptation and mitigation funds reach them or not (going by the outcomes – or the lack of them – at the recently concluded COP17 at Durban, they will still be a long time in coming).</p>
<p style="text-align: justify;">Tokelau has said it aspires to be the world’s first fully renewable energy powered nation. Tonga, the Cook Islands and many others have announced targets and will make moves toward achieving some milestones, mainly through aid funded initiatives rather than private sector investment.</p>
<p style="text-align: justify;">Innovative, local food growing initiatives like aquaponics will take root in at least a couple of places in the Pacific Islands region. PT&amp;I has plans to play a catalyst role in these projects. For more, watch this space.</p>

<address style="text-align: justify;"><strong>Seasonal migration, labour mobility</strong></address>
<p style="text-align: justify;">Seasonal migration initiatives in New Zealand will continue to bring valuable foreign exchange income to workers from Vanuatu, the Solomon Islands, Kiribati, Tonga and Samoa.</p>
<p style="text-align: justify;">Australia’s trial scheme ends in June 2012 but indications are that it may continue in some form, given the success reported in the trial involving workers from Papua New Guinea, who have proved to be extremely useful to farms in Queensland and other states – especially in the aftermath of the natural disasters.</p>

<address style="text-align: justify;"><strong>Investments from Asia</strong></address>
<p style="text-align: justify;">Investments into the region from the Pacific Rim nations will continue to grow. These have been under the radar over the past few years, but will come into its own in the next few years. Next year could well see increased investments in the region from China, Malaysia, Indonesia and even India, not to mention Indian Ocean countries like Mauritius and Sri Lanka – the latter are more likely to be in the trade space.</p>