PNG Climate change & green development
Papua New Guinea (“PNG”) is an island country located in the southwestern Pacific Ocean with total area of about 462,840 km2, approximately 1.2 times the size of Japan. It is also the world’s 3rd largest rainforest, after the Amazon and Congo. Achieved its independence on the day of 16th September 1975, PNG is the 3rd largest island country in the world, with an estimated population of 10 million as of year 2022, according to the World Bank.
Papua New Guinea (“PNG”) is an island country located in the southwestern Pacific Ocean with total area of about 462,840 km2, approximately 1.2 times the size of Japan. It is also the world’s 3rd largest rainforest, after the Amazon and Congo. Achieved its independence on the day of 16th September 1975, PNG is the 3rd largest island country in the world, with an estimated population of 10 million as of year 2022, according to the World Bank.
V Carbon ESG Group (“V Carbon”) is a solution provider for the development of Environmental Protection, Social Responsibility, and Sustainability in PNG. We chartered 4 different REDD+ projects under 4 subsidiaries targeted to register with VERRA in late 2024. Total projects account for approximately 1.1 million hectares with an estimated 150 million units of carbon credits over the coming 30 years, easily one of the largest projects of its kind in the Asia-Pacific region.
PNG Climate change & green development
PNG Climate change
