PNG update: Logging, carbon trading and missing documents

A month ago, I wrote to the UN-REDD team in Papua New Guinea to ask, among other things, what has happened to the programme’s budget of US$2,596 million. I am still waiting for a reply. Last week, I sent a reminder, along with a new question about the PNG government’s investigation into the Office of Climate Change, the key documents of which, it seems, have disappeared.

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The Corner House on Carbon Trading

The Corner House on Carbon Trading

A series of new reports about climate and finance is available on The Corner House website. The papers illustrate the dangers of attempting to find “solutions” to climate change through carbon trading. “There are close parallels between the rampant financial innovations behind the current financial crisis and the innovations feeding carbon trading,” writes Larry Lohmann in a new Corner House Briefing.

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More questions than answers on carbon trading in PNG

More questions than answers on carbon trading in PNGPapua New Guinea’s forest carbon trading fiasco is back in the news. The focus is on Kirk Roberts, pictured right, his company Nupan (PNG) Trading Limited and an Australian carbon trading firm, Carbon Planet. “It’s no secret that I am one of the most important foreigners in PNG,” Roberts says. But his opponents have called him “the kingpin of the ‘carbon cowboys'”.

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Response from Tony Adams of Sovereign Green Global Australia: “We do not see any need to provide detailed information to the public regarding this project”

Three weeks ago, REDD-Monitor wrote about an Australian company called Sovereign Green Global Australia and its REDD project in Papua New Guinea. This morning, a response arrived from Tony Adams, the Chairman of Sovereign Green Global Australia.

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