AGP Executive Report
Last update: 7 hours agoCOP31 Priorities: Pacific leaders adopted the Taku Pakasoa Declaration, urging faster emissions cuts, climate finance and ocean protection to keep 1.5°C within reach. Australia and Türkiye will prepare a presidency-led decision for COP31, with a focus on accelerating action. Tuvalu Resilience: Tuvalu has joined the Pacific Catastrophe Risk Insurance Company as its 13th member, securing cyclone coverage. Papua New Guinea has pledged K25 million over five years for Tuvalu’s land reclamation and climate adaptation work. Climate Finance: Pacific leaders say funding must reach vulnerable communities faster; the Pacific Resilience Facility remains US$320 million short of its US$500 million target.
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