Solomon Islands - Sirebe Tribal Association first to receive carbon credit, $1.2m payment estimated per year

Sirebe Tribal Association in Sasamuga, south Choiseul has become the first conservation site in the country to receive carbon credit from carbon trading. After years of conservation work, the association has received an amount of over $300,000 in quarterly payment for carbon credit with an estimated amount of around $1.2 million per year according to the agreement made with the buyers. An example of sustainable financing?