226 reads
A landowner group in New Ireland Province has claimed that a US-based company is illegally selling carbon credits on international market from their rainforests.
In a letter addressed to the Managing Director of Climate Change and Development Agency (CCDA), Ruel Yamuna, the Kamlapar landowner group claim the company, NIHT Inc is operating illegally and have used fraudulent means to obtain their VCS or
verified carbon standard project and carbon credits.
NIHT Inc and its subsidiary NI Holdings Limited, said during a meeting earlier this year with the Minister for Environment and Conservation Wera Mori that local resource owners responded positively to the carbon credit project.