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.
42 Articles
42 Articles
Papua New Guinea lifts ban on forest carbon credits - News-Topic - Afric Info
Source link : https://info-blog.org/africa/guinea/papua-new-guinea-lifts-ban-on-forest-carbon-credits-news-topic/ Author : Samuel Brown Publish date : 2025-04-11 17:37:00 Copyright for syndicated content belongs to the linked Source.
Papua New Guinea voluntary REDD+ ban to be lifted “immediately”, minister says « Carbon Pulse
Papua New Guinea has lifted the three-year moratorium on new REDD+ projects for the voluntary carbon market with immediate effect, Environment Minister Simon Kilepa said Thursday, paving the way for the Pacific nation to re-enter global climate finance channels.
Coverage Details
Bias Distribution
- 53% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage