Frustration with accessing global finance for climate change adaptation has led the country to develop its own Ocean Conservation Commitments funding model, in which anyone around the world could sponsor a slice of Niue's ocean for $250 per square kilometre.
"You're not a shareholder, you're a careholder," Minister of Natural Resources Mona Ainu'u explained. She said she was extremely proud of the initiative, which has so far raised $15 million toward a $32 million goal.
