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Papua New Guinea’s environment minister has imposed a moratorium on new voluntary carbon credit schemes to give the government time to create a regulatory framework for future and existing deals. Wera Mori imposed the moratorium on voluntary carbon standards (VCS) with immediate effect on March 2, temporarily banning all new proposals. According to a ministry […]
As a shipload of mysterious timber extracted from Papua New Guinea is impounded in Bintulu we look at how the carbon speculators are also targeting the poor communities of that nation. This week one local Governor threw out a project he labelled a "scam" and future carbon credit deals have been suspended. A lesson for Malaysia?.....
Oro govt and Women’s Micro Bank initial agreement