AGP Executive Report
Last update: 5 hours agoCyclone Insurance: Tuvalu has joined the Pacific Catastrophe Risk Insurance Company as its 13th member, securing cyclone coverage and strengthening financial protection against disasters. Coastal Resilience: A US$36 million Green Climate Fund grant is supporting Tuvalu’s coastal adaptation, while Papua New Guinea pledged 25 million kina toward Tuvalu’s land-reclamation work. The projects could protect communities and infrastructure while creating local work. Economic Resilience: Prime Minister Feleti Teo says Tuvalu needs an economy better able to withstand external shocks, underscoring the need to pair climate protection with stronger, more reliable livelihoods.
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