AGP Executive Report
Last update: 8 hours agoSeabed Mining: French Polynesia’s government opposes U.S. companies’ bid to explore for minerals in international waters bordering its exclusive economic zone, citing limited consultation and risks to sensitive marine areas. The applications use a U.S. permitting route outside the multilateral seabed regulator; approval has not been granted. Pacific Security: Officials from 15 countries met in Nouméa to improve cooperation against drug smuggling at sea. French High Commissioner Jacques Billant said seizures reached 17 tonnes in the first half of 2026, four times the 2025 total. Climate Finance: A new study identifies five potential financing mechanisms for overseas territories, which often miss out on climate funds designed for sovereign states. French Polynesia shares this funding challenge. El Niño Outlook: Forecasters warn of below-normal rainfall in southern French Polynesia from November to January as a potentially record-strength El Niño develops, raising concerns over water supplies and climate resilience.
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