Minister for Forests

PNGFA Progresses Carbon Trading

This includes Conservation and Environment Protection Authority (CEPA), Climate Change Development Authority (CCDA) and the private sector in the advancement of carbon trading and issuance of associated permitting. 

“This progress was made while ensuring the local manufacturing industry in the carbon constrained world evolving, factors PNG’s own industries have a platform to be competitive. 

Logging firms told to pay up

Minister Schnaubelt sounded the warning following failure by most companies and operations to meet their obligations under various agreements.

He said these companies are fully aware of the legal ramifications associated with non-compliance of their legal obligations as stipulated under the agreements and the underlying laws of the country governing the forestry sector.

“Many of these companies are not new to the fact that they have to abide by the legal requirements of the operating and export sales agreements,” Schnaubelt explained.