Archive · 9 Dec 2025
PNG PM Marape Pushes Green Economy Vision
Papua New Guinea's Prime Minister, James Marape, talked about his country's plan to become a green economy.
He said PNG wants to use its forests and oceans to help reduce carbon footprints, making it a country with a negative carbon footprint.
This means PNG wants to absorb more carbon than it emits, which is good for the environment.
The Prime Minister was speaking at a big investment meeting in Sydney, Australia.
He also mentioned that PNG is focusing on more than just mining and oil.
They are now looking at farming, fishing, making things, building, and tourism.
Australia's Prime Minister, Anthony Albanese, also spoke.
He said Australia wants to keep being a good economic partner with PNG.
They trade many things, not just raw materials, and Australia invests in projects that create jobs and support local businesses in PNG.
Papua New Guinea aims to transition to a green economy powered by renewable energy sources.
PM Marape highlighted PNG's forests and oceans as opportunities for carbon footprint offset.
The PNG Investment Leaders Summit focused on infrastructure, agriculture, finance, digital innovation, and renewable energy.
PNG is shifting its focus from mining and petroleum to sectors like agriculture, forestry, fisheries, manufacturing, construction, and tourism.
Australian PM Albanese expressed commitment to being a reciprocal economic partner with PNG.
- Who
- Papua New Guinea Prime Minister James Marape and Australian Prime Minister Anthony Albanese
- What
- PNG's shift towards a green economy and investment opportunities
- When
- December 8-11, 2023
- Where
- Sydney, Australia
- Why
- To promote investment in PNG's green economy and diverse sectors
- Country
- Papua New Guinea (PNG)
- Event
- PNG Investment Leaders Summit
- Location
- Sydney, Australia
- Date
- December 8-11, 2023
- Theme
- Strong Together -- Investing for the Future
- Key Sectors
- Infrastructure, agriculture, finance, digital innovation, renewable energy
- Prime Minister
- James Marape
- Australian PM
- Anthony Albanese