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Reclaim Finance and co-signatories argue that TotalEnergies has failed to adequately address concerns regarding the Papua LNG project, citing lack of transparency in climate and human rights assessments, failures in obtaining Free, Prior and Informed Consent from Indigenous Peoples, and insufficient evaluation of biodiversity and cumulative impacts.

A coalition of NGOs, including Reclaim Finance, asserts that TotalEnergies' response to their complaint about the Papua LNG project is insufficient. They highlight critical gaps in transparency regarding climate risk assessments, human rights impacts, and biodiversity studies. The authors argue that the project risks emitting 220 million tonnes of CO2, threatening endangered species and indigenous rights, while failing to provide clear information to local communities or adhere to the Equator Principles and IFC standards.

The GCF Accreditation Panel recommends the accreditation of Banco Promerica de Costa Rica as a national direct access entity for 'small' projects with a 'medium risk' (intermediation 2) environmental and social category. The bank is approved for basic fiduciary standards and specialized standards for on-lending and blending. While the bank demonstrates strong gender policies and a track record in electric mobility and green building, the recommendation is subject to several conditions. These include establishing an institutional-level environmental and social grievance redress mechanism, publishing its ethics line on its website, adopting a GCF-consistent information disclosure policy, and updating procurement procedures to include public tender and award notifications.

The document explores the 'climate-crime nexus,' detailing how environmental stresses drive rural petty crime, urban violence, drug use, gender-based violence, hate crimes, trafficking, and white-collar crime. It highlights how climate-induced economic collapse and extreme heat increase desperation and aggression, while the green transition creates new opportunities for organized crime and corruption.

The proposal seeks USD 449,598 over 18 months to address four primary barriers to electric vehicle (EV) adoption in Papua New Guinea: limited inter-institutional coordination, insufficient technical expertise, a lack of long-term regulatory frameworks, and low public awareness. The project, implemented by the Global Green Growth Institute (GGGI), aims to establish an Electric Mobility Technical Working Committee (TWC), conduct GHG emission modeling and technical assessments of EV options, and develop a national EV policy framework and communication strategy. These efforts are designed to support Papua New Guinea's goal of reducing transport sector emissions, which contributed approximately 1,980 kt CO2eq (23% of energy sector emissions) in 2017.

A coalition of civil society organizations is urging 50 financial institutions to pressure TotalEnergies, ExxonMobil, Santos, and ENEOS to cancel the Papua LNG project. The letter argues the project is incompatible with the 1.5-degree goal of the Paris Agreement, lacks the Free, Prior, and Informed Consent (FPIC) of Indigenous Peoples, and employs insufficient biodiversity offsetting measures. The authors call for shareholders to vote against director re-elections, stop purchasing new bonds, and establish a time-bound divestment strategy if fossil fuel expansion continues.

Carbon Market Watch (CMW) argues that the proposed "REDD+ Project in Oro Province of Papua New Guinea" by Kanaka Management Services Private Limited should be rejected by Verra due to significant "red flags" in its Project Description Document (PDD). CMW highlights a lack of evidence for the project's baseline deforestation estimates, additionality assumptions, and stakeholder consultation processes. The project, which would be the second largest Verra VCS project if approved, aims to generate 8.1 million credits annually for 100 years, but CMW contends that the PDD fails to provide the necessary data, maps, and justifications to verify these claims. Furthermore, CMW notes that a moratorium issued by Papua New Guinea's Ministry for Environment, Conservation and Climate Change on March 2, 2022, likely renders the project ineligible.

The document outlines a request for USD 290,774 to enhance the capacity of the Climate Change and Development Authority (CCDA) in Papua New Guinea. The project aims to address gaps in project evaluation, the lack of a long-term climate finance strategy, and a shortage of quality concept notes. Key activities include recruiting technical consultants to be embedded in the NDA, developing a project evaluation manual, conducting a Readiness Needs Assessment, and creating a 2022-2027 National Climate Finance Strategy. The project is implemented by the Global Green Growth Institute (GGGI) over an 18-month period.