Seychelles initials SIDS DOCK with a view to mitigate effects of climate change and ensure energy security
Minister for Environment, Rolph Payet initialled the SIDS DOCK Treaty at a ceremony for the statute establishing the treaty, in the margins of the Third International Conference Small Island Developing States (SIDS) Conference in Samoa.
SIDS DOCK was conceived of the combined efforts of members of the Alliance of Small Island States (AOSIS) established to mitigate the adverse effects posed by climate change and the rise in sea levels.
AOSIS reaffirm their commitment to SIDS with this signing that will assist in institutionalising the mechanisms to transform respective SIDS energy sectors into facilitators for sustainable economic development and help with the generation financial resources to address adaptation to climate change.
The main aim of SIDS DOCK is to connect local energy sectors in SIDS to global market finance, sustainable energy technologies and to allow for the trade of carbon emissions in developed markets- namely within the European Union and the United States.
The Treaty is an excellent example of the SIDS cooperation that can be beneficial for Seychelles as it provides assistance for developing a sustainable energy sector by improving energy efficiency and developing renewable energy to alleviate dependence on fuel.» All news