Fisheries Finance Shock: Tokelau has been removed from the Nauru Agreement (PNA) and loses access to the Vessel Day Scheme, putting a major revenue stream at risk as Vanuatu takes its place. Energy Security & Transport Costs: At the Pacific Peace and Security Dialogue in Suva, Tuvalu and others warned the fuel crisis is now an economic security threat, pushing calls for stronger supply chains and faster energy transition. Oil & Gas Supply Push: Papua New Guinea says it wants to increase oil and gas output and explore smaller refineries to support Pacific neighbors. Safer, Cheaper Flying: Tuvalu chaired a regional aviation ministers meeting that agreed a roadmap for safer air travel across Pacific Small Island States. Blue Communities Recognition: Tuvalu received the PLANET AQUA Award for water resilience and nature-based solutions at Venice Climate Week. Climate Finance Scrutiny: An AFP investigation says the Tuvalu Trust Fund holds fossil fuel investments—“not a good look” given Tuvalu’s climate advocacy. Fisheries Operations Update: Tuvalu Fisheries Authority approved a July–August 2026 exemption to the FAD closure for nine vessels under strict limits and reporting. Clean Shipping Pact: Pacific transport ministers formalized the Pacific Blue Shipping Partnership to coordinate a low-carbon maritime transition. COP31 Ocean Leadership: Inia Seruiratu named Pacific Ocean Envoy ahead of COP31, alongside envoys for Oceania and climate finance. Statehood & Sea-Level Rise: Tuvalu PM Teo highlighted the ICJ climate ruling as a legal milestone and renewed calls for compensation for vulnerable island states.