Tuvalu worried about losing Least Developed Nation status | Pacific Beat

Tuvalu worried about losing Least Developed Nation status

Tuvalu worried about losing Least Developed Nation status

Updated 31 July 2014, 17:38 AEST

Pacific Island leaders want the United Nations to include climate change vulnerability as a criteria for acceptance as a Least Developed Country.

At the moment countries are classified as "least developed" in three criteria: per capita gross national income; human assets; and economic vulnerability to external shocks.

The UN's economic and social council has recommended that Tuvalu no longer be regarded as a least developed country.

Tuvalu's Prime Minister Enele Sopoaga is concerned his country will not be eligible for a range of resources including much-needed funding for climate change programs.

Nic Maclellan is a correspondent with Islands Business and he's in Palau for the Pacific Island Forum.

Presenter: Geraldine Coutts

Speaker: Nic Maclellan, Islands Business

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