AGP Executive Report
Last update: an hour agoTokelau Fisheries Shock: Tokelau has been removed from the Parties to the Nauru Agreement (PNA) and has lost access to the Vessel Day Scheme, putting a major share of its government revenue at risk as Vanuatu takes its place. Tuvalu Climate Payouts: Tuvalu has completed first payouts under its High Tide Parametric Insurance, sending A$30,675 to 409 households after three high-tide flooding events—no forms, no claims. Tuvalu Water Recognition: Tuvalu received the PLANET AQUA Award (Blue Communities) at Venice Climate Week for water resilience and ecosystem restoration leadership. Tuvalu Trust Fund Scrutiny: A Tuvalu Trust Fund set up for development has been found holding fossil fuel investments, drawing criticism given Tuvalu’s climate advocacy. FAD Fishing Update: The Tuvalu Fisheries Authority approved a 1 July–15 August 2026 exemption to the FAD closure for nine vessels, with strict limits and reporting requirements. Pacific Fuel Security: Pacific leaders in Suva warned the fuel crisis is now an economic security threat, pushing calls for regional cooperation and energy transition. Regional Aviation Plan: Pacific ministers agreed on steps to make flights safer, cheaper and better connected, with Tuvalu’s transport minister chairing the talks. Pacific Shipping Pact: Seven transport ministers signed the Pacific Blue Shipping Partnership to coordinate a cleaner, low-carbon maritime transition across Oceania. COP31 Ocean Envoy: Fiji’s Inia Seruiratu was appointed Pacific Ocean Envoy ahead of COP31, alongside envoys for Oceania and climate finance.
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