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Timor Leste

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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A gruelling 10 km trek over rugged mountains to fill a small bucket of precious water is a daily struggle for many villagers in Timor Leste.

Like other developing countries recovering from a brutal past, Timor Leste relies on water to grow the food it needs to survive and boost its fledgling economy, but this life-giving resource is under threat.

A joint project between Charles Darwin University and Geoscience Australia is working to help Timor Leste determine the vulnerability of its water supply and protect this life-giving resource against the threat of climate change.

Read more: Fight to save water in Timor Leste

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