AGP Executive Report
Last update: 5 hours agoCOP31 Finance: Summit host Murat Kurum says wealthy countries should spend far more on climate than on defence, but stopped short of backing a renewed pledge to move away from fossil fuels. Australia and Türkiye plan a pre-written COP31 decision focused on stronger action, including electrification. Pacific Priorities: The Taku Pakasoa Declaration calls for faster emissions cuts, accessible climate finance and ocean protection, keeping 1.5°C within reach. Pacific leaders say those priorities must translate into action at next month’s summit. Tuvalu Adaptation: Papua New Guinea has committed 25 million kina over five years to Tuvalu’s coastal adaptation and land reclamation, with the first instalment transferred. A Green Climate Fund-backed project is also being extended to reclaim about 20 hectares of land.
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