Generating revenue has always been a challenge for Pacific Island nations, but the amount of funding required has dramatically increased with the need for large-scale climate resilience solutions, including expensive infrastructure.
Traditional funding mechanisms have proven insufficient, and debt financing places an undue burden on future generations.
This is why Nauru has recently launched an innovative and ambitious program that will fund critical projects and protect the nation – the Nauru Economic and Climate Resilience Citizenship Program . . .
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