AGP Executive Report
Last update: 7 hours agoDeep-sea mining rules: The UN’s International Seabed Authority has extended a controversial exploration contract for Nauru Ocean Resources Inc. (NORI), a subsidiary of Canada’s The Metals Company, but again failed to finalise the commercial mining rules—sparking fresh criticism over a “dangerous precedent” and the regulator’s ability to enforce compliance. Pacific climate finance for shipping: Fiji, Kiribati, Nauru, Palau, Tuvalu and Vanuatu are pushing the IMO’s Net-Zero Fund as a “functional requirement” for mid-term shipping emissions cuts, arguing at least 51% of revenue must support a just transition for small states. Nauru identity update: Nauru has officially become the Republic of Naoero, with the constitutional change now in effect and a planned referendum dropped—framing it as restoring an indigenous name rather than a new label. AI and jobs risk: A World Bank report finds high-income countries face more AI-driven job displacement risk than lower-income economies, with 14.2% of jobs in high-income settings highly exposed to automation. Governance and tech in anti-corruption: BRICS delegates in Hyderabad called for stronger cross-border cooperation and more technological integration to tackle corruption and fugitives. Fisheries leadership: The Parties to the Nauru Agreement Office (PNAO) is recruiting a CEO to lead tuna management and ocean resource governance.
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