Feb 19th, 2025
Why One Nation is Selling Passports to Deal with Climate Change
The remote Pacific Ocean nation of Nauru is selling citizenship to protect their populations from the escalating impacts of climate change. President David Adeang says his nation will not wait for the waves to wash away infrastructure. Nauru aims to raise an initial $65 million. David Stringer discusses how this will help meet the cost of moving about 10,000 residents from low-lying homes menaced by rising sea levels and floods on "Bloomberg: The Asia Trade."







