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Timor Leste

East Timor is particularly vulnerable to the effects of climate change and Australia has a moral and historical obligation to help, a University of Melbourne study has found.

Read more: Australia must help East Timor adapt to climate change

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The extra costs from the carbon tax will cut revenue from shared gas fields such as Bayu-Undan.EAST Timor could be slugged millions of dollars a year under the carbon tax, which is set to take a bite out of revenues from offshore natural gas fields that Australia shares with the impoverished nation.

The tiny country, which relies heavily on revenues from fossil fuel deposits in the Timor Sea, has expressed concern after learning recently it would likely be financially disadvantaged under the tax.

Read more: East Timor faces hit by carbon tax

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Fisherman along Timor Leste's Wataboo beach casts net in the water to catch small fish. Photo courtesy: UN Photo/Martine PerretAs the oceans community mobilizes in support of a viable outcome for oceans, coasts, and small island developing states (SIDS) at the Rio+20 negotiations this June, representatives of concerned international agencies met yesterday at United Nations headquarters in New York to discuss opportunities for increasing the sustainability of fisheries.

Read more: Oceans and fisheries crucial to sustainable development

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