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Explainer: How Does Australia’s World-First Climate Visa for Tuvalu Citizens Work?

Explainer: How Does Australia’s World-First Climate Visa for Tuvalu Citizens Work?

In the face of the “existential threat posed by climate change,” the new visa offers Tuvalu citizens a pathway to permanent residency in Australia. Since mid-June, more than a third of Tuvalu’s population has registered for an online ballot to...

Debt’s climate link: Global finance system keeping developing countries from prioritising growth, resilience

Debt’s climate link: Global finance system keeping developing countries from prioritising growth, resilience

As the fourth International Conference on Financing for Development (FfD4) kicks off in Seville, Spain, we look at how a massive debt burden on developing countries is holding them back. As an unfit global financial architecture makes accessing...

Our voyage to Statehood, 60 years on: understanding the nature and practice of free-association as we reflect on our development journey 

Our voyage to Statehood, 60 years on: understanding the nature and practice of free-association as we reflect on our development journey 

Prime Minister Mark Brown. SUPPLIED. This year, the Cook Islands marks 60 years of self-governance, an historic milestone in our voyage to statehood, by Mark Brown, Prime Minister of the Cook Islands. In 1965, our people chose to shape our own...

Nauru establishes regulator for digital assets in new law

Nauru establishes regulator for digital assets in new law

Homepage > News > Finance > Nauru establishes regulator for digital assets in new law The Republic of Nauru has become the first Pacific country to establish a dedicated digital asset regulator, according to the government. The move comes via the...

Tjibaou on New Caledonia talks in Paris: “We want to resolve this now”

Tjibaou on New Caledonia talks in Paris: “We want to resolve this now”

Koror, Palau-It’s been two weeks since the curtains fell on the third UN Ocean Conference. At this largest ever ocean summit, the Pacific voice echoed as a collective, calling for more global ocean accountability, and offering transformational...

Nauru Launches Bold Climate Resilience Initiative To Secure National Future At COP29

Nauru Launches Bold Climate Resilience Initiative To Secure National Future At COP29

KUALA LUMPUR, June 24 (Bernama) -- Nauru, the world’s smallest republic, has unveiled an ambitious climate resilience initiative at the 29th United Nations Climate Change Conference (COP29), calling on global investors and climate entrepreneurs to...

Nauru moves toward leadership in cryptocurrency in the Pacific

Nauru moves toward leadership in cryptocurrency in the Pacific

In what the Nauru government announced as a landmark move for the Pacific region, the tiny island nation's parliament has passed legislation to establish a dedicated virtual asset regulatory authority, or VARA. VARAs play a crucial role in...

Nauru becomes first Pacific nation to establish dedicated crypto regulator

Nauru becomes first Pacific nation to establish dedicated crypto regulator

Nauru has become the first Pacific nation to establish a dedicated regulatory authority for virtual assets. The Pacific nation of Nauru passed legislation on June 17 to create the Command Ridge Virtual Asset Authority, an autonomous body that will...

Nauru seeks to become a hub for blockchain industry with the launch of digital asset regulator

Nauru seeks to become a hub for blockchain industry with the launch of digital asset regulator

Nauru Parliament building/Photo courtesy of the government of Nauru By Pacific Island Times News Staff The Nauru Parliament has passed a measure establishing an autonomous agency to regulate cryptocurrencies and the blockchain industry, with its...

Nauru Regulates Crypto with a New Dedicated Regulator

Nauru Regulates Crypto with a New Dedicated Regulator

Nauru, a micro island nation in the Pacific Ocean, has become the latest to pass legislation to regulate cryptocurrencies by forming a dedicated virtual asset regulatory authority. A Dedicated Regulator for Crypto The bill, passed by Nauru’s...

Climate projects can bring big economic benefits!

Climate projects can bring big economic benefits!

According to a new report from the World Resources Institute (WRI), every €1 spent on climate adaptation will yield roughly €10 in benefits over a decade. That figure comes from analysing 320 projects across 12 countries, including infrastructure...

Nauru Launches Crypto Regulator: A Bold Move In Blockchain!

Nauru Launches Crypto Regulator: A Bold Move In Blockchain!

(MENAFN- Crypto Breaking) The Pacific island nation of Nauru has recently taken significant strides in cryptocurrency regulation by passing new legislative measures. This milestone reflects Nauru's commitment to becoming a compliant and globally...

Nauru says deep sea mining and ocean conservation can coexist

Nauru says deep sea mining and ocean conservation can coexist

Deep sea mining involves extracting potato size rocks called nodules - which are packed full of valuable metals - from the seafloor many kilometres deep. (file image) Photo: NOAA Ocean Exploration Ocean conservation and deep sea mining are not in...

Trillions Beneath the Waves: Nauru's Deep-Sea Pact Gains Traction

Trillions Beneath the Waves: Nauru's Deep-Sea Pact Gains Traction

Highlights Nauru strengthens deep-sea mining pact for critical metal resources Revised agreement with (NASDAQ:TMC) includes long-term national benefits Clarion-Clipperton Zone hosts world’s largest undeveloped nickel deposit Beneath the remote...

The Pacific island nation of Nauru passes crypto legislation

The Pacific island nation of Nauru passes crypto legislation

The Republic of Nauru, a remote island nation in the western Pacific Ocean, has passed a law that could transform the country into a regional hub for crypto, digital banking, and Web3 innovation. On Tuesday, Nauru’s Parliament approved a bill...

Micronesian Summit in Majuro this week

Micronesian Summit in Majuro this week

Flags from most of the Micronesian islands participating in the regional summit this week fly outside the International Conference Center in Majuro on Monday. Photo by Giff Johnson MAJURO — The Micronesian Islands Forum cranks up with officials...

Pacific nation Nauru passes law to establish a crypto regulator

Pacific nation Nauru passes law to establish a crypto regulator

The tiny Pacific nation of Nauru has passed legislation to establish a dedicated virtual asset regulatory authority covering crypto, digital banking and Web3 innovation, aiming to become a crypto hub. Nauru is a western Pacific Island sovereign...

Seabed mining is becoming an environmental flashpoint – NZ will have to pick a side soon

Seabed mining is becoming an environmental flashpoint – NZ will have to pick a side soon

Seabed mining could become one of the defining environmental battles of 2025. Around the world, governments are weighing up whether to allow mining of the ocean floor for metal ores and minerals. New Zealand is among them. The stakes are high....

The Metals Company and Nauru Sign Updated Sponsorship Agreement to Advance Deep-Sea Mining Plans

The Metals Company and Nauru Sign Updated Sponsorship Agreement to Advance Deep-Sea Mining Plans

The Metals Company (Nasdaq: TMC) and the Government of Nauru have announced a revised Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI), updating the original 2017 terms to reflect ongoing regulatory delays and the evolving landscape of...

TMC and Nauru Announce Updated Sponsorship Agreement for NORI

TMC and Nauru Announce Updated Sponsorship Agreement for NORI

The Government of the Republic of Nauru and its sponsored entity, Nauru Ocean Resources Inc. (NORI), together with the metals company Inc. (TMC), a leading explorer of the world’s largest undeveloped resource of critical metals essential to...

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