AGP Executive Report
Last update: 4 hours agoClimate Finance: Tuvalu is pressing for more regional disaster funding, warning that insurance payouts do not cover its losses. Pacific leaders are also urging stronger climate finance ahead of COP31, as the Pacific Community reports US$129.9 million in new climate funding approvals for regional projects. Energy Costs: The Asian Development Bank has allocated Tuvalu US$11.94 million from a US$40.1 million package to help manage fuel price shocks; targeted support is expected to reach about 6,000 low-income residents facing higher fuel, power and living costs. Fisheries: Tuvalu’s Fisheries Authority is seeking a consultant for satellite surveillance to detect unlicensed vessels in its waters and nearby high seas, supporting enforcement and protection of a key economic resource.
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