AGP Executive Report
Last update: 6 hours agoDevelopment Finance: The Asian Development Bank’s 2026–30 Pacific strategy includes Tuvalu, with priorities spanning jobs, essential services and resilient infrastructure tailored to island economies. Energy Security: Tuvalu is allocated US$11.94 million in emergency ADB support to help contain fuel-cost pressures, maintain essential services and assist about 6,000 people in low-income households. Shipping: Tuvalu has taken the chair of the Central Pacific Shipping Commission and will host its annual meeting next year, as Pacific operators warn that financing and infrastructure gaps are holding back cleaner, affordable shipping. Coastal Works: The Tuvalu Coastal Adaptation Project is reshaping parts of Funafuti’s shoreline with dredged sand, geofabric barriers and heavy equipment to protect vulnerable land.
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