Oil palm prices may hold up in the medium term, with strong demand from India and China. Yet, like other non-oil commodities, oil palm prices are likely to remain volatile, and to experience a long term relative price decline. (Chapter 3). World prices are not the main problem for small farmers in PNG. Three factors are likely to place a ceiling on the economic benefits for small farmers: (i) small farmers remain at the highly competitive end of a large grower market, with little market power, keeping them as ‘price takers’; (ii) a large monopsony (all
Peatlands are common in montane areas above 1,000 m in New Guinea and become extensive above 3,000 m in the subalpine zone. In the montane mires, swamp forests and grass or sedge fens predominate on swampy alley bottoms. These mires may be 4–8 m in depth and up to 30,000 years in age. In Papua New Guinea (PNG) there is about 2,250 km2 of montane peatland, and Papua Province (the Indonesian western half of the island) probably contains much more. Above 3,000 m, peat soils form under blanket bog on slopes as well as on valley floors.
Climate change and migration
This report stems from a simple observation: that since Independence in 1975, Papua New Guinea’s economic and social development outcomes have not matched people’s aspirations or government promises. Indeed, despite the abundance of its riches, PNG lags behind its Pacific neighbours on many important development indicators.
The 2020 State of Environment Report is the first for Papua New Guinea.