Why the islands need a long-term climate plan

Critics, however, argue that more needs to be done to address underlying issues. Officials said the project is expected to be completed before the end of the year.

The announcement was welcomed by residents, many of whom have waited years for the change.

What happens next

Analysts say the move could have a significant impact on the wider economy. The ministry said further details would be shared in the coming weeks.

Speaking to reporters, the minister said the government remained committed to its pledges.

Local councils have been asked to submit their proposals by the end of the month. The decision follows months of consultation with stakeholders across the country.