Eucalyptus deglupta is a tall tree, commonly known as the Rainbow Eucalyptus. Its natural distribution spans New Britain, New Guinea, Ceram, Sulawesi  and Mindanao.

This tree is grown for ornamental purposes, due to the showy multi-coloured streaks that cover the trunk. Patches of outer bark are shed annually at different times, showing the bright-green inner bark. This then darkens and matures to give blue, purple, orange and then maroon tones.