The strange story of Sovereign Green Global Australia, Green Giant Venture Fund, Astra Resources and a REDD project in Papua New Guinea

Sovereign Green Global is, according to its website, running a REDD+ conservation project, “located primarily in the Milne bay province of Papua New Guinea”. The project covers “approximately 125,000 hectares of rainforest”. But details of the project are scant and the information that is available rings plenty alarm bells.

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Rio Branco Declaration: Governors’ Climate and Forests Task Force states and provinces “have received very little financial support”

Governors from 22 states have signed the Rio Branco Declaration, committing to reduce deforestation by 80% by 2020. If they receive a guarantee of “adequate, sufficient, and long‐term performance‐based funding”, that is.

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