Finance Minister Hassan Zareer told the Maldives Finance Forum 2026 that the Maldives must invest heavily in renewable energy, conservation and water security to become a developed nation by 2040. He said climate risk is economic risk and called for private capital and green finance without adding to future debt.
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Climate risk is an economic risk, and economic risks must be managed
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achieving the target of meeting 33% of the country’s energy demand through renewable sources by 2028 will require substantial investments and strategic partnerships
Word for word from the report in Maldives Pension Office. Open the report
This year marks the 13th edition of the forum.
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Earlier reports gave 13th 28 Oct, 20:35 Miadhu
Speaking as the chief guest of the Maldives Finance Forum 2026, Minister Zareer emphasized that climate change poses a direct threat to the Maldivian economy and the livelihoods of its citizens.
Word for word from the report in Maldives Pension Office. Open the report