March 3, 2023The NationalBusiness
PRIME Minister James Marape is urging petroleum companies to establish proper partnerships so that the natural biodiversity is not lost in the process of their operations.
Marape mentioned this after meeting officials from the France-headed global oil, gas and energy companies TotalEnergies and Compagnie des Bois du Gabon (CBG), in Libreville, Gabon. He said the CBG had partnered with TotalEnergies to develop a forward-looking model of sustainable and responsible forest management that combined sustainable harvesting, biodiversity conservation and long-term carbon storage.
“TotalEnergies and CBG have a very good partnership here in Gabon. They are also in partnership with the government here on land use in regards to forest management,” he said.
“Such a partnership has already started in Papua New Guinea at Kuriva, Central.
“TotalEnergies is also looking at more such partnerships in PNG to offset their carbon footprint (through the Papua LNG project).
https://www.thenational.com.pg/save-biodiversity-businesses-told/
“I also want major oil and gas companies in PNG, such as ExxonMobil and Santos, to get involved in such partnership.”
Meanwhile, the two-day One Forest summit in Libreville this week aimed to lead to new commitments and concrete initiatives concerning the advancement of knowledge and the promotion of scientific cooperation on forest ecosystems, promotion of sustainable value chains in the forest sector, development of innovative sources of financing, notably by exploring market-based solutions for biodiversity conservation.
Melanesia News 