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Time of India
2 days ago
- Business
- Time of India
"We are going to have very bright future": Ex Maldives President on relations with India
Former Maldives President Mohamed Nasheed on Saturday expressed optimism about the future of India-Maldives relations, stating that both countries will continue to have good relations regardless of the government in power. He made these remarks while speaking to on the sidelines of the Maldives' 60th Independence Day celebrations, which Indian Prime Minister Narendra Modi attended. Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking healthcare Public Policy PGDM Artificial Intelligence Data Science Product Management Leadership Data Science Digital Marketing Others Data Analytics Technology CXO MBA Operations Management Degree Management Healthcare Finance Project Management MCA others Cybersecurity Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details "India has maintained good relations with us and whatever the government, I am sure we are going to have a very bright future as well," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Do you have a mouse? Desert Order Undo Nasheed mentioned that PM Modi enjoyed the cultural events and noticed similarities between Indian and Maldivian cultures. "It's a great honour that the Prime Minister visited us for our 60th Independence Day. The Prime Minister has visited us many times, but this time, the Prime Minister took the time to spend several hours with us, and I'm sure that schoolchildren would be delighted, the Maldives Cadet Corps, as well as all the traditional and cultural events here. The Prime Minister enjoyed it immensely. He did mention it to us, and also the Prime Minister did find the similarities with our culture and what is also in India," he said. Live Events Nasheed also highlighted India's past assistance to the Maldives, particularly during times of financial difficulty. He emphasized the importance of good relations with India for the Maldives' safety, security, and prosperity. During their meeting, Nasheed briefed PM Modi on his work with the Climate Vulnerable Forum , and the Prime Minister showed interest in the Maldives' environmental concerns. "The meeting was very fruitful, and I'm very glad that I had the opportunity to call upon the Prime Minister. We spoke about the environment. I work for the Climate Vulnerable Forum, so I briefed the Prime Minister on the work that I am doing at the Vulnerable Forum. The Prime Minister was, of course, interested in details about matters of the Maldives and how we are doing. We had a good discussion," he said. Nasheed expressed hope that the Free Trade Agreement (FTA) between India and the Maldives would be signed soon, citing the potential benefits of India's credit line and assistance in high-impact community projects. "I hope the free trade agreement is quickly negotiated and signed. The credit line is going to help us, but India in past, also assisted us in high-impact small projects. I think these projects have a very good impact on local communities and have assisted our prosperity. Of course, the credit line and the bigger projects are going to help us," he said. The meeting between Nasheed and PM Modi comes amid efforts to strengthen India-Maldives relations. PM Modi's visit to the Maldives marked a significant moment in bilateral ties, with several agreements signed across various sectors, including infrastructure, technology, and climate change. (ANI)
GMA Network
14-07-2025
- Business
- GMA Network
Legarda urges climate-vulnerable nations to protect culture, heritage
Senator Loren Legarda has called on climate-vulnerable countries to rethink outdated policies and adopt a more holistic and inclusive approach to climate action — one that protects not just lives and livelihoods, but also cultural identity, history, and heritage. Speaking at the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) meeting on Monday, Legarda said climate change poses a multidimensional threat, especially for nations that are on the frontlines of the climate crisis. "Climate change endangers all that you see and so much more: climate change imperils not only lives and livelihoods; it threatens to erase who we are," she said. The four-term senator and longtime climate advocate stressed that risk assessments must expand beyond economics and infrastructure to include cultural well-being — from ancestral homes and sacred sites to time-honored traditions. "It is this understanding that demands we broaden our definition of risk to fully encompass the cultural well-being of our people," she added. According to Legarda, extreme heat could cost the Philippines as much as ?466 billion annually by 2030. But more than the monetary loss, she warned of the intangible costs of losing cultural heritage, forced displacement from ancestral domains, and the gradual erosion of social cohesion rooted in shared traditions. She emphasized that preserving cultural memory and indigenous knowledge must be seen as central to climate resilience. "As legislators, we are more than mere policymakers; we are the stewards of our nation's future," the lawmaker said. "We must ensure that our laws reflect an unwavering commitment to both climate action and cultural preservation." The CVF-V20 is a coalition of 74 climate-vulnerable countries, including Bangladesh, Ghana, Sri Lanka, Barbados, and the Philippines. Together, they are developing Climate Prosperity Plans (CPPs) — ambitious national investment strategies designed to harness renewable energy, nature-based solutions, and financial innovation to foster inclusive development and climate resilience. The Philippines, which holds a founding role in the V20 group, has crafted its own Climate Prosperity Investment Memorandum, aligning climate goals with economic growth, clean energy transition, and local adaptation efforts. Legarda, principal author of the landmark Climate Change Act and champion of the People's Survival Fund, urged fellow lawmakers to prioritize the implementation of the country's Climate Prosperity Plan. "Let our collective efforts safeguard our precious cultural treasures, empower our resilient communities, and build a sustainable future for all Filipinos," she said. — Sherylin Untalan/RF, GMA Integrated News
GMA Network
14-07-2025
- Politics
- GMA Network
Legarda urges countries prone to climate change to update policies
A fishpond owner walks on a dried fishpond in Laur, Nueva Ecija on Saturday, April 27, 2024, as extreme heat brought about by El Niño caused some owners to stop operations. The Department of Agriculture earlier said that damage from El Niño has reached around P3.34 billion. DANNY PATA Senator Loren Legarda on Monday called on climate-vulnerable countries, including the Philippines, to update their laws and policies and push for better actions towards climate action and cultural preservation. At a high-level meeting of the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20), Legarda said extreme heat alone could cost the Philippines an estimated P466 billion annually by 2030. 'Climate change endangers all that you see and so much more. Climate change imperils not only lives and livelihoods, it threatens to erase who we are,' the senator said. 'It is this understanding that demands we broaden our definition of risk to fully encompass the cultural well-being of our people,' she added. Legarda further pointed out policymakers must ensure that laws in their country reflect their commitment to both climate action and cultural preservation. She also called on colleagues in the Philippine Congress to fully implement the climate prosperity plan. 'Let our collective efforts safeguard our precious cultural treasures, empower our resilient communities, and build a sustainable future for all Filipinos,' Legarda said. The CVF-V20 is a coalition of 74 countries highly vulnerable to a warming planet, including Bangladesh, Ghana, Sri Lanka, Barbados, and the Philippines. — LA, GMA Integrated News
Barnama
24-06-2025
- Business
- Barnama
Nauru Launches Bold Climate Resilience Initiative To Secure National Future At COP29
KUALA LUMPUR, June 24 (Bernama) -- Nauru, the world's smallest republic, has unveiled an ambitious climate resilience initiative at the 29th United Nations Climate Change Conference (COP29), calling on global investors and climate entrepreneurs to join its nation-transforming efforts. President of Nauru, David Adeang in a statement said the island nation can no longer afford to wait as rising sea levels threaten homes and critical infrastructure. 'We will not wait for the waves to wash away our homes and infrastructure. While the world debates climate action, we must take proactive steps to secure our nation's future,' he said in a strong message to the global community. A member of the Climate Vulnerable Forum, Nauru is embarking on a comprehensive plan that includes the relocation of nearly its entire population from low-lying coastal areas to safer terrain under its 'Higher Ground Initiative'. Spearheading the financing of the initiative is the Nauru Economic and Climate Resilience Citizenship Program, led by New Zealander Edward Clark, a veteran in international banking, financial crime and compliance. Appointed Chief Executive Officer of the programme, Clark said the initiative offers a tightly managed citizenship platform targeting climate-conscious investors and entrepreneurs with the aim of transforming Nauru into a hub for sustainable innovation. 'We want those who are passionate about the global future to become citizens. Our goal is to turn Nauru from being a passive recipient of climate funding into an incubator for climate innovation,' he said. Clark explained that the programme enables 'climate citizens' to contribute to and test new technologies and sustainable infrastructure within Nauru, helping ecopreneurs access seed funding while the country benefits from scalable solutions. He also said the programme has already received applications from individuals around the world who are eager to invest in climate resilience and contribute to a greater purpose.
