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Papua New Guinea lifts ban on forest carbon credits to combat deforestation, safeguarding biodiversity.
Papua New Guinea will lift its ban on forest carbon credit schemes, allowing its vast rainforests to participate in offsetting global emissions.
The country's climate minister, Simo Kilepa, states that new safeguards are in place after a three-year moratorium.
The rainforests, home to about 7% of global biodiversity, will benefit from carbon credit schemes aimed at preventing deforestation and land development.
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Papua Nueva Guinea levanta la prohibición de créditos forestales de carbono para combatir la deforestación, salvaguardando la biodiversidad.