Yet, much of the population have not benefitted from these revenues. A report recently published by the PNG Conservation and Environment Protection Authority (CEPA) and UNDP, 'Making Nature's Value Visible: Valuing the Contribution of Nature to Papua New Guinea's Economy and Livelihoods', outlined this. 'It is the mostly subsistence-based agriculture, forestry and fishing sectors that account for a quarter of the GDP, and supports over 80 percent of the population,' said UNDP. The data and evidence is clear; highly concentrated extractive-based growth, combined with insufficient enforcement of environmental standards, cannot sustainably and inclusively increase a country's prosperity.

https://www.looppng.com/business/pivot-economy-towards-natural-environment-report-115943

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