AGP Executive Report
Last update: an hour agoADB Strategy: The Asian Development Bank’s 2026–30 Pacific plan puts economic resilience, infrastructure and private-sector development at the centre of support for Tuvalu and 11 other island economies, with more flexible projects tailored to local needs. Fuel-Cost Relief: Tuvalu is allocated US$11.94 million from a US$40.1 million ADB package to ease rising fuel costs and support about 6,000 people in low-income households. Regional Shipping: Tuvalu has taken over the Central Pacific Shipping Commission’s chair and will host its annual meeting next year, as members work to maintain reliable cargo routes to smaller islands. Coastal Risk: A Commonwealth report says sea levels around Tuvalu are rising about 5mm a year; the entire population lives within one kilometre of the ocean, putting homes, infrastructure and economic activity at risk.
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