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Financiers tell PNG developers to put climate 'front of mind'

Dec 06, 2018 - Australian Financial Review

International financiers have sounded a stark warning to resource project developers in Papua New Guinea that they will have to apply the highest standards on environmental and social issues to secure funding for what is expected to be a record wave of investment in mining and energy.

PNG has a multibillion-dollar pipeline of upcoming projects in LNG, copper and gold, by backers including majors ExxonMobil, Total and Newcrest Mining that will likely require funding from multilateral develo...