Date: 2 Jun 2010 Comments: 0

“Rainforests, Waterfalls & Rainbows”

THERE is no doubt anymore about Papua New Guinea’s ability to create a rainforest-based carbon trading scheme. While the PM attended a critical meeting in Olso, to argue the case for commercial support for saving the forests, the PNG Nupan Science Team were finalizing the first successful verification of the tropical rainforest specific VCS methodology in Washington.

As reported widely by Reuters from Oslo – “Today, the market values forests more destroyed than standing. We must find a way to
value forests more alive than dead,” said Papua New Guinea Prime Minister Michael Somare. “To push people to protect forests, as well as to attract private sector financing, it is essential to set up a global price for carbon emissions, either via a market or a carbon tax.” The methodology in now in the last stages of being dual verified, and the first PDD using the basis of the methodology is up for public comment, with the expectation that credits (VER’s or VCU’s) will be registered with the Markit Environmental Registry (formerly TZ1) in July. And these carbon credit offsets will be all about “rainforests, waterfalls and rainbows”. We have written before about the enormous social benefits the landowners and people of PNG will enjoy from changing from a logging economy to a carbon trading economy, now it’s time to consider the environmental issues. In PNG, when the foreign companies log, they literally bulldoze the rainforest back to a moonscape. It can take up to 100 years for the forests to naturally regenerate, as there is no real
sustainable logging project in the whole of PNG. What you see in the satellite photos is natural growth about half a meter high, which slowly evolves back into a forest of sorts. So we are not offering you just a carbon credit offset – we are offering you “rainforests,
waterfalls and rainbows” – that we believe will become the two most powerful symbols in the Climate Change Debate. If you or a Client of yours has the slightest interest in the “next big thing” in carbon trading, we welcome your enquiry. And who ever gets the “rainforests, waterfalls and rainbows” message out to their Clients first, will own the best marketing positioning statement any
company with a social responsibility could make. Will it be you? Will it be one of your Clients?
For more information on specific projects please don’t hesitate to contact us at
nobarriers88@gmail.com
The rainforests of PNG await you!

NL11 June 2010 - pdf of the newsletter