AGP Executive Report
Last update: 12 hours agoClimate Finance: At COP31, Timor-Leste’s climate envoy Adão Soares Barbosa called for financial support to help least-developed countries meet a proposed 2035 electrification target, citing their limited economic capacity. Infrastructure: An ADB report estimates Southeast Asia needs $7.1 trillion through 2040, with a $264 billion annual funding gap—a regional challenge for connectivity, power and economic growth. Industry Development: South Korea agreed to support Timor-Leste’s plan to establish an intellectual property office, as the country works to grow non-oil industries including agriculture and manufacturing. Skills and Technology: Timor-Leste and South Korea also held a seminar on AI and digital skills in technical and vocational education, aimed at preparing teachers and technical staff for emerging technologies.
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