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WELLINGTON, New Zealand (AP) — The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters — it will get sponsors to pay. Under the plan, which was being launched by Niue’s Premier Dalton Tagelagi on Tuesday in New York, individuals or companies can […]
Niue hopes to raise $18m by selling units of its ocean territory to sponsors as the region struggles to mitigate impacts of climate change
The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters — it will get sponsors to pay
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The island plans to sell 40 per cent of its surrounding waters.
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