Carbon credit price for controversial PNG REDD+ project takes a hit following investigation, rating downgrade

Published 05:36 on March 14, 2023  /  Last updated at 02:41 on March 15, 2023  / Mark Tilly /  Asia Pacific, Australia, Nature-based, Other APAC, Voluntary

The price going for carbon credits from a REDD+ project in Papua New Guinea has nosedived following an investigation by an Australian news programme, as the project’s developer told media they were “exploring its options” in terms of how to respond.
The price going for carbon credits from a REDD+ project in Papua New Guinea has nosedived following an investigation by an Australian news programme, as the project’s developer told media they were “exploring its options” in terms of how to respond.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.