President Mohamed Nasheed said in a statement:
"Climate change threatens us all. Countries need to pull together to de-carbonise the world economy. We know cutting greenhouse gas emissions is possible and the Maldives is willing to play its part."Specifically, the Maldives will rely on solar and wind power - 155 wind turbines and a half square kilometer of solar panels. Battery backups will be installed if renewables are inadequate.
The Maldives will also buy and destroy carbon credits from the European Union. The carbon credits will be purchased to offset emissions from tourists flying to the nation, and destroying the credits will ensure the amount of pollution they represent is permanently removed from trading.
Policymakers who developed the $1.1 billion plan say it could pay for itself in 10 years, thanks to savings on oil imports.