Speaker Nasheed Appeals to Environmental Auditors to Seek True Financial Value for Maldivian Reefs

Former President and Speaker of the Parliament Mohamed Nasheed has appealed to environmental auditors to look into the true financial value of Maldivian marine reefs in order to check the loss due to global warming and environmental damage.

The President made this remark while speaking at the 21st Assembly of the Working Group of the Environmental Auditing Group under the International Organization for Supreme Audit Institutions. In his speech, the President highlighted the importance of identifying the expenditure required to protect the fragile environment of the Maldives.

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The assembly, which is being held in Ukulhas of North Ari Atoll from July 4 to 6, is an international assembly attended by auditor generals and employees of audit offices from around the world. This year’s assembly is held by the Auditor General’s Office under the theme “Raising Resilience”.

Speaking at the function, Auditor General Hussain Niyazy stated the Maldives will be one of the countries most affected by environmental impact, no matter how small the damage to the environment is. He added that the Maldives was the best place to hold such an environmentally related assembly.

President of the United Nations General Assembly Abdulla Shahid also spoke at the function. Over 40 participants from various countries have travelled to Ukulhas to participate in the assembly, while a total of 238 participants from 80 countries have participated online.

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