AGP Executive Report
Last update: 6 hours agoTuvalu’s climate push: Pacific leaders have adopted the Taku Pakasoa Declaration, demanding faster emissions cuts, accessible climate finance and protection for island communities. Papua New Guinea pledged 25 million kina toward Tuvalu’s land-reclamation work. Finance: Tuvalu’s prime minister says disaster funds must arrive quickly enough to save lives and support recovery. The Pacific Resilience Facility, designed to give communities grants rather than loans, remains US$320 million short of its US$500 million target. COP31 agenda: The summit’s Turkish president says wealthy nations should spend far more on climate than defence, but stopped short of backing a renewed pledge to move away from fossil fuels. Clean energy: Pacific ministers are working on a regional roadmap to reduce reliance on fossil fuels, citing energy security and high import costs as well as climate benefits.
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