AGP Executive Report

Wildfire Climate Warning: Prince Albert II and Princess Charlene issued a rare joint message urging action, saying protecting the environment is an “emergency” as wildfires devastate France, Spain and the UK and threaten biodiversity. Fire Safety Law: Monaco moved to make a ban on open flames in public hospitality areas official, outlawing candles, sparklers and any flame-producing devices in venues like restaurants and gaming rooms. Wildfire Response Cooperation: France, the UK and Spain pledged tighter wildfire prevention and climate resilience coordination ahead of COP31, with a focus on risk reduction and faster joint response. Monaco Tax Update: Monaco tabled legislation to apply a 15% domestic minimum top-up tax for the biggest multinationals, aiming to keep tax revenue in the Principality under OECD rules. SEA & Yachting Emissions: The SEA Index® extended CO₂ certification across recreational yachting, and Corsica’s Port of Propriano joined the network to support greener leisure boating. Drought Watch: Monaco activated drought vigilance after rainfall dropped by more than 50%. Energy & Tech in Monaco: Volteras launched a connected-vehicle virtual testing platform using Monaco-based simulation to reduce costly demo fleet trials.

Wildfire solidarity: Prince Albert II and Princess Charlene issued a rare joint message backing people hit by devastating wildfires across France, Spain and the UK, stressing the fires’ damage to natural habitats and fragile biodiversity and linking the disaster to climate disruption. Sustainable yachting push: The Port of Propriano in Corsica joined the SEA Index® network, extending CO₂ certification to leisure boats from 10 metres and aiming to strengthen environmental policy across Corsican ports. Monaco energy debate: Lloyd’s Register took part in the Monaco Energy Boat Challenge 2026, discussing whether nuclear propulsion could shape the future of yachting as decarbonisation and energy security pressures grow. Tax alignment: Monaco proposed a 15% domestic minimum top-up tax (QDMTT) for the biggest multinationals to keep tax revenue in the Principality under the OECD Pillar Two framework. Solar for fish preservation: Egypt’s researchers unveiled a PV-driven thermoelectric cooling prototype to keep freshly caught fish in better condition than ice-based methods. Wildfire context: The same royal message was echoed in coverage noting hundreds of thousands displaced and extreme heat driving the blazes.

Monaco Tax Reform: Monaco has tabled legislation to introduce an OECD-aligned domestic minimum tax (15%) for the biggest multinationals, using a Qualified Domestic Minimum Top-up Tax to keep revenue in the Principality. Wildfire & Climate Response: Prince Albert II and Princess Charlene issued solidarity messages as wildfires across France, Spain and the UK force mass evacuations and threaten habitats, urging bold climate action. Sustainable Yachting in the Med: Corsica’s Port of Propriano joined the Yacht Club de Monaco’s SEA Index®, extending CO₂ certification across leisure boats and pushing greener standards for the sector. Nuclear Propulsion Debate: Lloyd’s Register joined Monaco Energy Boat Challenge discussions on whether nuclear propulsion could shape the future of yachting, focusing on long-term feasibility and regulation. Solar Cooling for Fish: Researchers unveiled a PV-driven thermoelectric cooling prototype to preserve fish quality onboard, aiming to cut reliance on ice and reduce energy and handling burdens. F1’s Sustainability Push: F1’s 2026 rules now explicitly tie performance to environmental sustainability, with net-zero targets and sustainable fuels in the spotlight.

Wildfire Solidarity: Prince Albert II and Princess Charlene backed Prince William’s wildfire message, urging bold climate action as fires in France, Spain and the UK threaten habitats and biodiversity. Sustainable Yachting in the Med: Corsica’s Port of Propriano joined the SEA Index® network, extending CO₂ certification to leisure boats from 10 metres and strengthening regional environmental policy for yachting. Solar Cooling for Fish: Egypt’s Agricultural Research Center tested a PV-driven thermoelectric cooling prototype to preserve fish aboard vessels, aiming to cut reliance on ice and reduce energy and handling drawbacks. Maritime Nuclear Debate: Lloyd’s Register discussed nuclear propulsion’s potential for future yachting at the Monaco Energy Boat Challenge, focusing on sustainability, energy security and regulatory considerations. Monaco Drought Watch: Monaco activated drought vigilance after rainfall dropped by more than 50%, highlighting growing water-stress concerns. Electric Air Mobility MoU: VIC Properties and Vertical Aerospace signed an MoU to explore electric air mobility services in Portugal, starting with the Pinheirinho estate near Comporta. Recycled Kit Push: AS Monaco unveiled a grape-brown away kit made entirely from recycled polyester, adding another sustainability step to club operations.

Wildfire Solidarity: Prince Albert II and Princess Charlene backed Prince William and Kate with a joint message urging climate action as wildfires rage across France, Spain and the UK, warning the blazes are damaging natural habitats and fragile biodiversity. Monaco Climate Watch: Monaco is also activating drought vigilance after rainfall drops by more than 50%, underscoring how hotter, drier conditions can raise fire risk. Recycled Materials in Sport: AS Monaco unveiled a grape-brown away kit for 2026–27 made entirely from recycled polyester, pairing new design details with sustainability messaging. Marine Carbon Certification: SEA Index® extended CO₂ certification across the recreational yachting sector, including smaller yachts, pushing lower-carbon tracking for leisure fleets. Electric Mobility Deal: VIC Properties and Vertical Aerospace signed an MoU to explore electric air mobility in Portugal, aiming to reduce travel emissions while improving access to high-end destinations.

Wildfire Solidarity: Monaco’s Prince Albert II and Princess Charlene backed Prince William’s appeal over devastating wildfires across Europe, praising firefighters and urging support for displaced families. Drought Watch (Monaco): Monaco activated the first “vigilance” level of its drought plan after rainfall fell to under half the seasonal average; residents and businesses are asked to cut unnecessary water use, with measures staying voluntary for now. Water Safety Reminder: Princess Charlene issued a renewed warning on drowning prevention, stressing that supervision and swim/lifesaving skills can prevent tragedies during hot summer conditions. Yachting Emissions Standards: SEA Index® expanded CO₂ certification for more recreational yachts, adding new benchmark models for smaller vessels and multihulls, aiming to make environmental assessment more widely accessible. AS Monaco Sustainability in Sport: AS Monaco unveiled a grape-brown away kit made entirely from recycled polyester, featuring gold detailing and Stade Louis-II arches. France Megafire Update: A megafire near Bordeaux is still progressing despite rain and calmer winds, with tens of thousands evacuated and firefighters saying they’re not yet in full control. Electric Air Mobility (Portugal): VIC Properties and Vertical Aerospace signed an MoU to explore electric air mobility services in Portugal, targeting lower-impact travel to luxury destinations like Pinheirinho.

Water Scarcity in Monaco: Monaco has moved to the first “vigilance” level of its drought plan after rainfall dropped to less than half the seasonal average since the start of the year. The government isn’t imposing restrictions yet, but it is asking residents and businesses to cut unnecessary use—run washing machines and dishwashers only when full, limit garden watering, and postpone or adjust water-intensive pool practices where possible. Yachting Emissions, Now Broader: The SEA Index® has expanded its CO₂ certification for recreational yachts, adding new benchmark models for smaller vessels and production catamarans up to 35 meters, aiming to make environmental performance comparisons more consistent across the sector. Climate Disaster Watch (France): A megafire near Bordeaux is burning about 42,000 hectares and has driven roughly 220,000 people to evacuate, with officials warning they still don’t fully control the blaze. Electric Aviation Link to Portugal: A Monaco-linked yachting and travel ecosystem story: VIC Properties and Vertical Aerospace signed an MoU to explore electric air mobility services in Portugal, starting with the Pinheirinho estate in Comporta, framed as a lower-impact way to reach major destinations.

Drought Watch in Monaco: Monaco has moved to the first “vigilance” level of its drought response after rainfall fell to less than half the seasonal average, asking residents and businesses to cut non-essential water use while restrictions remain voluntary. Yachting Carbon Rules Go Wider: Yacht Club de Monaco’s SEA Index® expanded its CO₂ certification beyond superyachts to cover recreational boats from 10 metres, plus production vessels and catamarans, with new benchmark models developed with Lloyd’s Register. Smart Marina, Local Action: The Monaco Smart & Sustainable Marina Rendezvous returns for its sixth edition, with a focus on rethinking the coastline and advancing practical sustainability in the yachting hub. Electric Aviation Interest: VIC Properties and Vertical Aerospace signed an MoU to explore electric air mobility services in Portugal, starting with the Pinheirinho estate near Six Senses Comporta. Water Safety Reminder: Princess Charlene renewed her call for pool and ocean vigilance on World Drowning Prevention Day, stressing that supervision and lifesaving skills can prevent tragedies. Global Context—Megafires: France battled a historic megafire near Bordeaux, with massive evacuations and firefighters still not in full control, underscoring the climate-linked pressure on Mediterranean regions. Wildlife Under Pressure: Iceland resumed commercial whaling despite IUCN warnings, reigniting debate over sustainability and protections for endangered species.

Water Scarcity in Monaco: Monaco has moved to “vigilance” under its drought response plan after rainfall dropped to less than half the seasonal average since the start of the year, asking residents and businesses to cut non-essential use (full loads for laundry/dishwashers, limit garden watering, and postpone pool filling where possible) while restrictions remain voluntary. Green Yachting Standards: Yacht Club de Monaco’s SEA Index® has expanded its CO₂ certification beyond superyachts to cover more of the recreational fleet, including vessels from 10 metres and production catamarans up to 35 metres, with new benchmark models developed with Lloyd’s Register. Smart Marina Push: The Yacht Club de Monaco announced the 6th Monaco Smart & Sustainable Marina Rendezvous (20–21 September 2026), positioning marinas as key players in sustainable coastal development and innovation. Water Safety Reminder: Princess Charlene renewed her call for summer water vigilance on World Drowning Prevention Day, stressing supervision and lifesaving skills as heat drives more people to pools and the sea.

Drought Watch in Monaco: The government has moved to “vigilance” after rainfall fell to under half the seasonal average since the start of the year, urging households and businesses to cut non-essential water use while restrictions remain voluntary. Green Yachting Standards: Yacht Club de Monaco’s SEA Index® has expanded its CO₂ certification beyond large superyachts to cover smaller recreational boats from 10 metres, production vessels and catamarans (up to 35 metres), with new benchmark models developed with Lloyd’s Register. Smart Yachting, Smarter Risks: A new MB92 Group report flags how digitalisation and AI could improve efficiency and route planning, but also warns that trust and accountability must keep pace as the sector becomes more automated. Water Safety Reminder: Princess Charlene used World Drowning Prevention Day to stress that drownings are often preventable with swimming skills, lifesaving knowledge and close supervision—especially as summer heat drives more pool and sea activity. Tourism Pressure Beyond Monaco: A destination stewardship expert argues overtourism isn’t solved by stopping travel, but by managing it so residents benefit, housing and services don’t buckle, and local culture stays protected.

Water & Drought Watch: Monaco has moved to the first “vigilance” level of its drought response after rainfall fell to under half the seasonal average since the start of the year. The government isn’t imposing restrictions yet, but it is asking residents and businesses to cut unnecessary use—run washing machines and dishwashers only when full, limit garden watering, and postpone non-essential pool filling/draining where possible. Maritime Climate Standards: Yacht Club de Monaco’s SEA Index has expanded its CO₂ certification to cover more of the recreational fleet, adding models for monohulls from 10 metres, production vessels, and catamarans (including production catamarans up to 35 metres), with new benchmark models developed with Lloyd’s Register. Sustainable Marina Push: The Yacht Club de Monaco’s Monaco Smart & Sustainable Marina Rendezvous returns for its sixth edition on 20–21 September, aiming to turn marina sustainability into practical infrastructure and coastal development partnerships. Water Safety Reminder: Princess Charlene renewed her call for vigilance around pools and the sea on World Drowning Prevention Day, stressing that supervision and lifesaving skills can prevent tragedies.

Water Scarcity Watch: Monaco has moved to the first “drought vigilance” level after rainfall fell to under half the seasonal average, urging residents and businesses to cut unnecessary water use (no formal restrictions yet) while the government monitors conditions. Marina Decarbonisation: Yacht Club de Monaco’s SEA Index® expanded its CO₂ certification beyond superyachts to cover recreational boats from 10 metres, production vessels and catamarans (up to 35m), using design-specific benchmarks developed with Lloyd’s Register. Sustainable Yachting Forum: The Yacht Club de Monaco will host the 6th Monaco Smart & Sustainable Marina Rendezvous on 20–21 September, bringing ~250 marina and eco-tech stakeholders together to push practical, lower-impact coastal marina development. Coastal Safety in a Warming World: A report highlights how climate-driven floods and extreme weather are raising children’s drowning risks, calling for climate-smart, locally led prevention and safer rescue training. Climate Finance Scrutiny: A new analysis argues the voluntary carbon offsets market needs a key fix to deliver real emissions cuts, not just certificates.

Water & Drought Preparedness: Monaco has moved to the first level of its drought response plan after rainfall fell to less than half the seasonal average, urging residents and businesses to cut non-essential use while measures remain voluntary. Yachting Emissions Standards: Yacht Club de Monaco’s SEA Index® has expanded CO₂ certification to more of the recreational fleet, adding models for smaller vessels from 10 metres and production catamarans up to 35 metres, with Lloyd’s Register support. Marina Sustainability Push: The Yacht Club de Monaco announced the 6th Monaco Smart & Sustainable Marina Rendezvous (20–21 September), aiming to turn sustainable marina ideas into real infrastructure and partnerships. Climate-Smart Safety: A report argues Bangladesh’s drowning prevention must become climate-smart and resilient as floods and heavy rainfall increase children’s water risks. Wildlife Conservation Clash: Iceland has resumed commercial whaling after a two-year suspension, drawing renewed protests over quotas and species listed by the IUCN.

Maritime Decarbonisation: Yacht Club de Monaco’s SEA Index expanded CO₂ certification beyond superyachts to cover recreational boats from 10 metres, production vessels and catamarans, aiming to make emissions comparisons more accessible for owners, marinas and insurers. Local Sustainability Event: The Yacht Club de Monaco will host the 6th Monaco Smart & Sustainable Marina Rendezvous on 20–21 September, bringing ~250 marina and eco-tech professionals together to push sustainable coastal development from ideas to real infrastructure. Climate Risk & Safety: A new Bangladesh drowning-prevention push argues climate change is worsening flood and storm hazards, disrupting childcare and making “living beside water” more deadly unless programmes become climate-smart and locally run. Whaling Debate: Iceland resumed commercial whaling after a two-year pause, drawing renewed protests over quotas and the impact on IUCN-listed species amid international pressure. Carbon Offsets Scrutiny: A report warns the voluntary carbon market needs fixes to ensure carbon credits actually deliver climate value, not just paperwork. Monaco-Linked Tech & Energy: Samsung Heavy and Sargent & Lundy signed an MoU to develop a “reactor-agnostic” floating small modular nuclear reactor platform, signaling growing interest in offshore nuclear for power-hungry sectors.

Maritime Decarbonisation in Monaco: The Yacht Club de Monaco’s SEA Index has expanded its CO₂ certification to cover recreational boats from 10 metres, plus production vessels and catamarans up to 35 metres—aiming to make emissions comparisons fairer across different hull types and to help ports, marinas, insurers and shipyards use consistent environmental criteria. Sustainable Yachting Event: Monaco’s Yacht Club de Monaco will host the sixth Monaco Smart & Sustainable Marina Rendezvous on 20–21 September, bringing about 250 professionals together to push practical sustainability upgrades for marina infrastructure and coastal development. Whaling Debate Reignites: Iceland resumed commercial whaling after a two-year suspension, drawing protests over captures of IUCN-listed whales and renewed calls to cut quotas further. Carbon Offsets Market Pressure: A new report argues the voluntary carbon offsets market needs a key fix to deliver real climate value, as companies increasingly rely on credits to meet net-zero promises. Tourism Strain Watch: A global ranking highlights countries where international tourists outnumber residents, warning that overtourism can fuel inflation, environmental damage and local tensions.

Maritime Decarbonisation: The Yacht Club de Monaco’s SEA Index has expanded its CO₂ certification beyond superyachts to cover recreational boats from 10 metres, production vessels and catamarans, using hull- and speed-specific benchmarks developed with Lloyd’s Register. Sustainable Yachting Platform: Monaco Smart & Sustainable Marina Rendezvous returns for its sixth edition on 20–21 September at the Yacht Club de Monaco, aiming to turn marina sustainability into practical infrastructure and technology partnerships, with around 250 professionals expected. Climate Market Watch: A new report argues the voluntary carbon offsets market needs a key fix to make climate claims more credible as companies increasingly rely on credits to close emissions gaps. Biodiversity & Awareness: A Prince Albert II of Monaco Foundation photography exhibition, “Man and Nature: Fragile Balances,” opened in Castel Gandolfo, highlighting biodiversity links and ecosystem vulnerability. Local Governance (Context): Monaco’s municipal election preparations for April 2027 have begun, with campaign finance rules and the first declared candidate now in view.