On 4 June 2009, Reuters reported evidence of a multi-million offer from carbon brokers to PNG’s Office of Climate Change and Environmental Sustainability. Reuters also reported on sale of carbon credits from an area of forest in PNG that has not been validated.
April Salumei is a REDD project in Papua New Guinea. Various companies, including Qantas, Eneco Energy Trade, and Norwegian supermarket chain Rema 1000, have bought carbon credits from the April Salumei REDD project. Should you so wish, you can buy carbon credits from the project on the USAID-funded website Stand for Trees.
A company called London Carbon Neutral Ltd and eight linked companies have been shut down in the High Court in London. The companies were shut down after “high pressure and intimidating sales people had targeted the elderly and vulnerable” to sell them carbon credits as investments.
Here are two more REDD-related news items from Papua New Guinea. The first is an article from Ilya Gridneff, a journalist with Australian Associated Press in Port Moresby. Carbon Planet has invested A$1.2 million in projects in PNG.
On 16 July 2009, Mekere Morauta, the leader of the opposition in Papua New Guinea, made a statement in Parliament about carbon trading and the role of the Office of Climate Change. Having received no answers to his questions, he produced a new media statement at the end of August 2009, repeating his questions to…