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International Business Times
International Business Times
Science

Papua New Guinea Lifts Ban On Forest Carbon Credits

Papua New Guinea will 'immediately' lift a ban on forest carbon credit schemes, the Pacific nation's climate minister said, opening up its vast wilderness to offset global emissions (Credit: AFP)

Papua New Guinea will "immediately" lift a ban on forest carbon credit schemes, the Pacific nation's climate minister told AFP on Thursday, opening up its vast wilderness to offset global emissions.

The island of New Guinea is cloaked in the world's third-largest rainforest belt, helping the planet breathe by sucking in carbon dioxide gas and turning it into oxygen.

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