See every side of every news story
Published loading...Updated

Papua New Guinea lifts ban on forest carbon credits

  • Papua New Guinea temporarily stopped its voluntary carbon market in March 2022.
  • Mismanagement scandals and controversies led to this shutdown of the carbon market.
  • Foreign firms, described as 'carbon cowboys', signed deals with village elders.
  • One regional governor alleged foreign firms were 'carbon cowboys' seeking quick cash.
  • Papua New Guinea will lift the ban, aiming to be a key player with new safeguards.
Insights by Ground AI
Does this summary seem wrong?

42 Articles

All
Left
3
Center
8
Right
4
Phys.orgPhys.org
+37 Reposted by 37 other sources
Center

Papua New Guinea lifts ban on forest carbon credits

Papua New Guinea will "immediately" lift a ban on forest carbon credit schemes, the Pacific nation's climate minister told AFP on Thursday, opening up its vast wilderness to offset global emissions.

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources are Center
53% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Phys.org broke the news in United Kingdom on Thursday, April 10, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.