World Bank’s $68m lifeline for Pacific Islands

World Bank’s $68m lifeline for Pacific Islands

World Bank President Ajay Banga’s recent Pacific tour comes in the wake of a pivotal meeting between major financial institutions and regional banks that focused on the critical issue of correspondent banking in the Pacific. This meeting, held just a couple of months...
Papua New Guinea advances Blue Carbon policy

Papua New Guinea advances Blue Carbon policy

Papua New Guinea is moving forward with establishing the Pacific’s first Blue Carbon Policy, which aims to protect and sustainably manage the country’s critical blue carbon ecosystems, such as mangroves, seagrasses, and tidal marshes. This policy will create a...