AGP Executive Report
Last update: 9 hours agoDeep-Sea Mining Fight: The UN seabed mining regulator (ISA) extended a controversial exploration contract tied to Nauru Ocean Resources Inc., renewing Pacific seabed rights while rules for commercial mining still aren’t final—sparking fresh backlash over precedent and enforcement. Shipping Emissions Pressure: Tuvalu is pushing the toughest eligible changes at IMO’s MEPC 85, proposing tighter net-zero fuel rules and higher compliance costs—an issue that directly affects Pacific shipping costs and emissions. Nauru Identity & Adaptation Funding: Nauru has officially become the Republic of Naoero, restoring traditional naming, and it’s also running a “golden passport” citizenship-by-investment scheme aimed at financing climate relocation and adaptation. Pacific Security Tensions: China’s nuclear-capable missile test into the Pacific exposed deep splits at the Forum Foreign Ministers meeting, with no joint statement agreed—leaving the issue for leaders in Palau. Fisheries Leadership: The Parties to the Nauru Agreement opened applications for a new CEO to strengthen sustainable tuna fisheries and ocean resource management.
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