AGP Executive Report
Last update: an hour agoClimate Finance That Lands Fast: After March high-tide flooding, Tuvalu has completed the first payouts under its High Tide Parametric Insurance Product, sending A$30,675 to 409 households automatically once agreed flood thresholds were met—no forms, no claims, no months of waiting. Water Resilience Recognition: Tuvalu also received the PLANET AQUA Award (Blue Communities Category) at Venice Climate Week 2026 for leadership on water resilience, ecosystem restoration, renewable energy and nature-based adaptation. Ocean Governance at Home: Tuvalu marked World Oceans Day by soft-launching its first National Ocean Policy, framing the ocean as “Te Fau” that binds islands, culture and survival, and aiming to unite government and communities around sustainable ocean management. Fisheries Management Update: The Tuvalu Fisheries Authority approved an exemption to the 2026 FAD closure for nine vessels from 1 July to 15 August 2026, with strict limits and reporting requirements. Regional Clean Shipping: Pacific transport ministers signed the Pacific Blue Shipping Partnership to coordinate a low-carbon, climate-resilient maritime transition across Oceania, including Tuvalu. COP31 Ocean Voice: Fiji MP Inia Seruiratu was appointed Pacific Ocean Envoy ahead of COP31, joining envoys focused on 1.5°C and climate finance.
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