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The contribution of tourism to the economic growth of Pacific Island countries (PICs) has achieved significance in the past decade. The shift in the economic policies of the PICs from the late 1980s has been decisively away from import substitution and agriculture to urban-based manufacturing...
Sovereign Funds (SFs) are often the largest single asset owner and investor in the Pacific Islands, and the income stream from these funds can also be a large part of fiscal revenues.
The Pacific is home to some of the countries most at risk from the effects of climate change. It is now also home to countries that are leading the world in reducing their fossil fuel consumption and shifting to renewable sources of electricity generation.
Third in a series of papers on the role of Sovereign Funds (SFs) in the Pacific Islands, this report suggests a 'reference portfolio' approach as a benchmark governance choice for Pacific Island funds
This report summarises the research that has been undertaken on Sovereign Funds in the Pacific and draws out key findings, lessons and opportunities for funds to move closer to “best practice”.