AGP Executive Report
Last update: 5 hours agoClimate Finance: ADB and the Green Climate Fund launched a programme seeking to mobilise more than US$1 billion for climate resilience across 14 Pacific economies, with US$250 million approved by the GCF. Kiribati minister Ruth Cross Kwansing is also urging faster access to existing climate funds for urgent adaptation projects. Fuel Costs: Pacific countries incurred an estimated NZ$935 million in additional fuel costs in the first six months of the regional crisis, according to briefings to New Zealand officials. Seabed Mining: Two U.S. companies have applied to explore international waters near Kiribati, the Cook Islands and French Polynesia, drawing objections from regional officials and environmental groups. Fisheries: A Kiribati workshop trained fishing firms and officials on longline reporting and compliance, including electronic systems intended to improve data quality and monitoring.
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