AGP Executive Report
Last update: 6 hours agoClimate Adaptation Funding: Naoero is pushing a “golden passport” citizenship-by-investment deal, offering passports for $90,000 (discounted from $115,000) to help pay for climate relocation—moving about 90% of families and infrastructure from low-lying coasts to higher ground as sea levels rise. National Identity Shift: The tiny Pacific state has officially changed its name from Nauru to the Republic of Naoero, with the country code expected to move from NRU to NRO and citizens to be called dei-Naoero—leaders say it restores indigenous language and distances the country from colonial convenience. Ocean Governance Watch: A separate thread in the region keeps attention on deep-sea mining rules: the International Seabed Authority again failed to finalize a Mining Code, while extending exploration rights tied to Nauru Ocean Resources Inc., leaving environmental safeguards unresolved. Pacific Security Context: A Lowy Institute-linked report warns China is still active in the Pacific, even as it shifts to smaller, more targeted initiatives amid tighter finances.
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