AGP Executive Report
Last update: 6 hours agoCOP31 Standoff: Tuvalu is urging countries to turn fossil-fuel phaseout pledges into action, saying clean energy is vital to Pacific sovereignty and energy security. Negotiations remain sharply divided, with island nations pressing for emissions cuts while others prioritize fossil fuels or climate finance. Climate Finance: Pacific nations receive just 0.2% of global adaptation funding, negotiators say. A regional envoy is seeking $500 million for the Pacific Resilience Facility, while a new ADB-Green Climate Fund programme aims to mobilise more than $1 billion for resilience projects in 14 island economies. Warming Risks: A new assessment says global climate action has stalled for five years, leaving the world on course to overshoot 1.5°C. For Tuvalu, the threat is already personal: a young resident describes shrinking land and freshwater pressure as the tide draws closer.
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