AGP Executive Report
Last update: an hour agoClimate Finance: Tuvalu has “limited ability” to steer its Trust Fund away from investments in fossil-fuel companies, New Zealand government papers say, highlighting the tension between the country’s climate leadership and its investment options. Regional Risks: The Pacific Community warns that rising fuel costs, climate impacts and tight development funding are deepening pressure on island nations, which rely heavily on imported fuel. Biodiversity: Tuvalu’s rat eradication work on Nukufetau is already benefiting native seabirds, green turtles and coconut forests. Waste: The country’s first export of recycled PET flake and aluminium shipped 37 tonnes of recovered material, earning A$76,721 and linking local collection to overseas recycling markets. Sea-Level Rise: A Commonwealth report puts Tuvalu’s local sea-level rise at about 5mm a year, faster than the global average. Research from Funafuti offers a more complex picture: despite about 45cm of sea-level rise over 120 years, the reef flat remained broadly stable and the island ridge rose about 1.4 metres.
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