AGP Executive Report
Last update: 5 hours agoClimate Finance & Adaptation: Naoero (formerly Nauru) is rolling out a “golden passport” citizenship-by-investment offer, charging $90,000 for a single applicant, with proceeds aimed at funding climate adaptation—especially relocating about 90% of families and key infrastructure inland as sea levels and coastal flooding worsen. Identity & Governance: The country has officially reclaimed its traditional name, becoming the Republic of Naoero, updating its country code from NRU to NRO and renaming citizens as dei-Naoero—leaders say it’s about heritage and language, not politics, and that a referendum was dropped after “thoughtful deliberation.” Ocean Policy Watch: Separate coverage highlights the wider Pacific debate over deep-sea minerals, with Naoero still pushing for commercial deep-sea mining through the International Seabed Authority while other governments argue for stronger environmental safeguards before any mining starts.
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