LCDS in perspective

THE Guyana government has expressed its support for the newly available market compliance opportunities, which allows the country to introduce its first national-scale carbon credits to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) compliance airline market. This recent development expands upon Guyana’s efforts in climate finance, the initial one being a bilateral […]

IN order to secure the ongoing benefits of strategic programmes and infrastructure development for Amerindians in 2024, Dr. Ashni Singh, Senior Minister of Finance, articulated to the National Assembly on Monday that the Government of Guyana has allocated $9 billion to guarantee the fulfillment of these commitments. The Senior Minister of Finance related that a […]

VICE President (VP) Dr. Bharrat Jagdeo, in his inaugural press conference for 2024, highlighted the robust interest in Guyana’s carbon credit, affirming that the nation will not proceed with another sale unless the market conditions are extremely favourable. In accordance with his remarks, Guyana, renowned for its dedication to forest conservation, persists in prioritising the […]

CURRENTLY, there are over 500 projects underway in indigenous villages across Guyana, funded by the US$37.5 million REDD+ carbon credits scheme. Forests remain essential to Guyana’s low-carbon strategy and execution, as evidenced by the country’s ’s national carbon credit programme. In a briefing of Guyana’s Carbon Credit Programme and Low Carbon Development Strategy (LCDS 2030) […]

– says President Ali at COP 28 IN order to meet its net-zero emissions targets, President of Guyana, Dr. Mohamed Irfaan Ali recently asked the Conference of Parties to the United Nations Climate Change Conference (COP28) to adopt a more inclusive strategy. According to President Ali, the current “doctrinaire” approach runs the risk of endangering […]

SUBSEQUENT to a Commonwealth event convened in Dubai on December 3, 2023, within the framework of the UN Climate Change Conference (COP28), and a commitment to spearhead collective initiatives among the 56 member nations of the Commonwealth, Guyana will lend its support to the Commonwealth Living Lands Action Group as it focuses on sustainable green […]