Solomon Islands Government (SIG), in collaboration with the Global Green Growth Institute (GGGI), successfully launched the Solomon Islands Carbon Trading Policy Project in Honiara last week.
This landmark initiative aims to develop an inclusive policy framework to guide carbon trading activities in the Solomon Islands, positioning the country to leverage carbon markets as part of its inclusive and sustainable development strategy.
The project, which is supported by Phase 2 of the Low Emission Climate Resilient Development (LECRD) Programme, funded by the Governments of New Zealand and Ireland, was officially launched at an inception workshop attended by key Solomon Island government officials from the Ministry of Environment, Climate Change, Disaster Management, and Meteorology (MECDM), Ministry of Forestry and Research (MoFR), Ministry of Finance and Treasury (MoFT), Office of the Prime Minister and Cabinet (PMO), Ministry of Agriculture and Livestock (MAL), Ministry of Infrastructure Development (MID) and the Ministry of National Planning and Development Coordination(MNPDC).
Also in attendance were representatives from key civil society organisations (CSO) including the Solomon Islands National Council of Women, the national NGO umbrella body Development Services Exchange (DSE), the environmental NGO WWF-Solomon Islands, the global environmental non-profit the Nature Conservancy (TNC), the NGO Live and Learn, the think tank the Islands Knowledge Institute (IKI) and the carbon project developer, Nakau.
