Establishes a meaningful and effective link between Vanuatu’s sustainable development objectives, it’s commitment to 100% renewable energy and broad economic stimulation via Value-Add investment initiatives.
The overall objective of the Future Fund is to establish a meaningful and effective link between Vanuatu’s sustainable development objectives, it’s commitment to 100% renewable electricity generation and the funds generated by projects such as the new CBD Development, Value Add Projects and CIIP (Citizenship).
Vanuatu has launched one of the world’s most ambitious climate adaptation policies, committing to 100% renewable energy in electricity generation by 2030. Coconut Oil (CNO) is identified in Vanuatu’s sustainable development goals as a key driver of this transition and an opportunity exists for significant development of the CNO sector in Vanuatu – stimulating the domestic economy, supporting local business, and generating significant job opportunities.
The Future Fund focus will be to significantly enhance the country’s capability in the renewable energy sector. This will be achieved through appropriate levels of investment in the Coconut Oil sector. This industry is in the early stages of development but the opportunities for major growth are significant, both in the direct production process and in the indirect activities that are critical to the overall success of the sector. Potential investment sectors will include agriculture, supply chain logistics and commercial property, driven by the potential for significant value appreciation.