PNG Prime Minister James Marape has welcomed a new cooperation project with the European Union on ‘Forest, Climate Change and Biodiversity’ in Papua New Guinea. He welcomed the project during a meeting with Frans Timmermans, Vice President of the European Commission, on the sidelines of the One Forest Summit in Libreville, Gabon, last Wednesday (Thursday PNG time). PM Marape arrived back in PNG today (Sunday, March 5, 2023) after attending the Summit. “This project comes at the right time to support us with the preservation of our forests and biodiversity and help us to fight climate change through carbon markets among other green growth initiatives,” PM Marape said. “Papua New Guinea has extensive forests and biodiversity that we want to properly harness and develop to support sustainable livelihoods for our rural communities. “The action supports our ambition to ensure sustainable management of our natural resources and our goal to move to a green, carbon neutral economy by 2050.”