NAURU LAUNCHES INNOVATIVE CITIZENSHIP PROGRAM AT COP 29, LINKING INVESTMENT TO CLIMATE ACTION

BAKU, Azerbaijan, Nov 13 (Bernama) -- The Government of the Republic of Nauru unveiled its groundbreaking Nauru Economic and Climate Resilience Citizenship Program at the 2024 United Nations Climate Change Conference (COP 29) in Baku today, directly addressing the key conference themes of climate finance and adaptation. In his address to COP 29 delegates, Hon. Asterio Appi, Nauru’s Minister for Climate Change and National Resilience, presented the innovative financing initiative as an opportunity for conscientious investors to acquire an additional citizenship while contributing to climate adaptation and sustainable development projects in the South Pacific.

Minister Appi highlighted the program’s broader impact: “Nauru, like many South Pacific nations, plays an outsized role in protecting globally significant biodiversity. Our ecosystems support more rare, endangered, and threatened species than those anywhere else on Earth. Yet we stand on the frontlines of climate change, facing rising sea levels, intensifying storm surges, and accelerating biodiversity loss. The consequences of global warming are rendering Pacific Island states increasingly uninhabitable. By choosing Nauru’s citizenship program, investors aren’t merely securing their own future — they’re investing in the future of our planet.”