AGP Executive Report
Last update: 12 hours agoCommonwealth Investment: CHOGM has opened with a push for government-business partnerships and investment in projects spanning skills, climate finance and green energy. Fuel Security: Pacific utilities are exploring a regional fuel-storage hub in Fiji or Samoa, which could help Tuvalu cut shipping costs and manage supply risks; the country has only small storage tanks. Tuvalu Trust Fund: Advisers say Tuvalu has limited power to exclude fossil-fuel companies from its national investment fund, whose returns help support the government budget. The fund says its portfolio’s carbon footprint fell 42% from 2020 to 2025. Climate Finance: A US$250 million Green Climate Fund grant will anchor a US$1.06 billion regional programme for climate-resilient infrastructure and services in 14 Pacific countries, including Tuvalu. Tuna Revenues: Pacific fisheries officials will seek a joint bigeye tuna management measure covering purse-seine and longline fleets, aiming to improve stock management while protecting island nations’ fishing opportunities and income.
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