Damning forest study to hit PNG

Friday 3 Aug 2012

A political time bomb awaits Papua New Guinea's new government in a completed report into an alleged giveaway of the country's tropical forests and potentially $23 billion in carbon-trading rights to foreign interests reports the Brisbane Times.

Immediately after he ousted predecessor Sir Michael Somare from the prime ministership last August, the present caretaker prime minister, Peter O'Neill, initiated a commission of inquiry into controversial forestry concessions granted over the previous decade when Sir Michael held power.

The commission's report was completed in May, just before the recent elections, and will be tabled in the new Parliament. It is believed to include damning criticisms of the granting of a new form of lease over more than 5 million hectares of customary-owned forest. More >>
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