AGP Executive Report
Last update: 3 hours agoTuvalu’s Coastal Defences: Papua New Guinea will provide Tuvalu K5 million a year for five years for coastal protection and land reclamation. The first payment has already reached Tuvalu’s treasury. Pacific Climate Fund: Leaders aim to raise US$500 million for the Pacific Resilience Facility. Recent pledges have brought it to just under US$200 million, including Fiji’s US$10 million commitment and PNG’s K20 million pledge. COP31 Pressure: After seeing Tuvalu’s rising-sea threats firsthand, Pacific leaders are demanding climate finance that reaches communities faster, deeper emissions cuts and action on existing promises. Tuvalu’s Taku Pakasoa Declaration calls for unity and stronger support for frontline islands. Resilient Infrastructure: Australia has pledged A$3 million for climate-resilient infrastructure, including protection for the Tuvalu landing site of an undersea telecommunications cable.
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