News from the Pacific

Micronesian Center for Sustainable Transport (MCST) is pleased to announce a new research partnership project with The Green Based Strategy Institute (GBSI), a South Korean based & youth-led policy research institute.

We will support GBSI in their work researching climate finance pathways for a just, resilient and inclusive maritime transition in Pacific SIDS.

As contributors to the “Climafic” initiative we will share insights from the entirely unique Pacific maritime scenario. Our existing work indicates that the established climate-finance modalities do not fit our isolated, remote and lesser-developed region, and that bespoke finance mechanisms are required.

Overall, the research will propose an innovative climate finance model to support a just transition in the maritime sector of Pacific SIDS, drawing on Korea–UK contributions to bilateral and multilateral climate finance.

It will examine practical financing pathways for green electrification, sustainable maritime infrastructure, and shipping decarbonisation, with a focus on enabling vulnerable island economies to access the finance needed for a resilient low-carbon transition. This research will directly feed into our own research to support implementation of the PBSP Charter.

Talanoa with the Traveling Diplomat, hosted by John “Jay-J” Taukave, received Mr. Raffael Held, a maritime engineer, aboard the SV Juren Ae in Majuro, Marshall Islands, during the inaugural Pacific Blue Shipping Partnership Ministerial Council Meeting.

Mr. Raffael Held is Project Director at GIZ, leading the Low Carbon Sea Transport Program in the Marshall Islands. Join us as Mr. Held shares his inspiring journey—from his upbringing in Bavaria, Germany, to his work across the Pacific. Hear his story, experiences, and reflections on maritime sustainability, innovation, and life in the Pacific.

See the interview at Youtube
Source: Micronesian Center for Sustainable Transport

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