AUCKLAND, New Zealand, Aug 5 (Bernama-GLOBE NEWSWIRE) — The Republic of Nauru has welcomed its first new citizens under the government’s Economic and Climate Resilience Citizenship Program, announced at COP29 late last year.
Nauru, ranked the world’s fifth most vulnerable nation under the United Nations’ Multidimensional Vulnerability Index (MVI) for its heightened exposure to economic and environmental shocks, launched the program as a way for conscientious investors to acquire an additional citizenship while contributing to climate adaptation and sustainable development projects in the South Pacific.