AGP Executive Report
Last update: 9 hours agoClimate Finance: Nauru is among 14 Pacific countries covered by a US$1.06 billion resilience programme, backed by a US$250 million Green Climate Fund grant and Asian Development Bank financing. It will support climate-ready infrastructure, essential services and adaptation planning over the next decade. Weather Outlook: A strong to very strong El Niño is forecast to persist into early 2027. Nauru is among the countries expected to have wetter-than-usual conditions from November to January, while other parts of the Pacific face heightened drought risks. Seabed Mining: A court has protected the due-process rights of Nauru Ocean Resources Inc. and a Tonga-based mining company in their challenge to an International Seabed Authority investigation, while allowing the investigation to continue. Renewable Energy: New Zealand’s Sunergise plans to acquire Infratec, adding utility-scale solar and battery expertise to its commercial solar business and expanding its project services across New Zealand and the Pacific.
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