Question: Based on the statement extracted from the COP 2 8 report . . . . Regarding public and private sources of climate finance, participants

Based on the statement extracted from the COP28 report "
.... Regarding public and private sources of climate finance, participants noted that public finance is crucial to climate action and an enabler of private sector investment. Some participants highlighted that, even though public finance is essential for climate action, it is insufficient to enable the energy transition, and private sector finance is needed. In that regard, participants shared concerns about current private sector engagement in climate action in developing countries."
Drawing from the statement extracted from the COP28 report above:
2) Evaluate the significance of public finance as an enabler for private sector investment in climate-related initiatives. Please give examples regarding Fiji. ...write in detail

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