Paradise island sells passports to foreigners from £81k in bid to tackle climate change
2 Articles
2 Articles
Paradise island sells passports to foreigners from £81k in bid to tackle climate change
Nauru, a tiny Pacific island nation, is selling passports to foreigners for £81,000 to fund its climate contingency plans.Rising sea levels are rapidly eroding the country's coastline, forcing leaders to plan a mass inland relocation.The scheme is one of several "citizenship by investment" programmes offered by island nations worldwide.For Nauru, however, the initiative represents a critical funding source as it faces an existential climate thre…
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