Model of Development

Tuvalu reverses controversial decision to sponsor seabed mining

Source: ABC/PACNEWS

Tuvalu’s government has rescinded its support to explore deep sea mining in the country’s waters.

The government had sponsored mining firm Circular Metals Tuvalu last December to apply for an exploration permit with the International Seabed Authority.

But Foreign Minister Simon Kofe said the government has now reversed the sponsorship.

Govt claims on reducing export logging don’t stack up

Updated 18 March 2022 with the details of four further new log export operations that started in December 2021

Government claims that it has stopped issuing new log export licences to foreign owned logging companies are not borne out by the evidence, says community advocacy organisation ACT NOW!

There are sixteen twenty new foreign operated log export operations that have started up since 2020, according to the government’s own log export data”, says ACT NOW! Campaign Manager Eddie Tanago.

Govt claims on reducing export logging don’t stack up

Updated 18 March 2022 with the details of four further new log export operations that started in December 2021

Government claims that it has stopped issuing new log export licences to foreign owned logging companies are not borne out by the evidence.

There are twenty new foreign-operated log export operations that have started up since 2020, according to the government’s own log export data.

Government Has Failed Over Cancellation of Illegal SABL Leases

Nine years after a Commission of Inquiry exposed the huge illegal SABL land grab, government efforts to cancel the leases have completely failed.

Last week Lands Minister, John Rosso, told Parliament that of seventy SABL leases recommended to be be cancelled only twenty have so far been rescinded. 

Just twenty leases cancelled over a nine year period is frankly pathetic.

How commercial banks have supported PNG’s destructive logging boom

Commercial banks operating in Papua New Guinea have given at least K300 million (AU$144 million) in available credit, since 2000, to the country’s five largest exporters of tropical logs, according to a new report, The Money Behind the Chainsaws, from Act Now! and Jubilee Australia Research Centre. 

New research reveals how commercial banks have supported PNG’s destructive logging boom

Commercial banks operating in Papua New Guinea have given at least K300 million (AU$144 million) in available credit, since 2000, to the country’s five largest exporters of tropical logs, a new report by Act Now! and Jubilee Australia Research Centre has revealed.