A ‘doctrinaire’ approach will not lead to net-zero emissions
– 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 […]
Guyana to lead Commonwealth in biodiversity, green cover promotion
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 […]
Guyana’s LCDS plays integral role at COP 28
GUYANA, over a decade ago, emerged as a global climate change pioneer due to its high forest cover, minimal deforestation, commitment to renewable energy, and focus on low-carbon, green investments for economic growth. Today, leaders worldwide are turning to Guyana for guidance on addressing climate change, drawn by the nation’s vast forest cover and increasing […]
Forests continue to be central to Guyana’s low-carbon vision
Vice President, Hon. Dr. Bharrat Jagdeo By Cindy Parkinson WITH funding from the US$37.5 million REDD+ carbon-credits scheme, over 500 projects are currently being implemented in indigenous villages all across Guyana. Guyana’s national carbon-credits programme is demonstrating how forests continue to be central to Guyana’s low-carbon vision and implementation. During his briefing on Guyana’s Carbon […]
Guyana looking to expand engagement in carbon market
In order to expand its involvement in the carbon markets, Guyana is seeking to broaden its engagement in forest and carbon financing, utilising any remaining credits available to the country. Speaking with the LatinFinance publication earlier in October, Senior Minister, Office of the President with Responsibility for Finance, Dr. Ashni Singh spoke about the landmark […]
Over $500M spent to enhance, maintain Guyana’s mangrove ecosystem
THE Government of Guyana continues to stand strong for its commitment towards maintaining, managing, and restoring the country’s mangrove ecosystem. This represents a fundamental aspect of Guyana’s Low Carbon Development Strategy (LCDS) for 2030. In the current state of affairs, where coastal communities face persistent threats from rising sea levels, mangrove forests serve as a […]
Apoteri Amerindian Village advances low carbon development with carbon credits
THE Government of Guyana is resolutely advancing with the implementation of the national carbon credit credits programme under the Low Carbon Development Strategy (LCDS) 2030. This includes the implementation of low carbon projects at the village level in Amerindian villages across all regions of Guyana. The Amerindian Village of Apoteri in Region Nine is demonstrating […]
$1.5 billion of LCDS funds to benefit 75 Indigenous villages in Region One
IN accordance with the government’s commitment to advance Amerindian development, as stated in the Low Carbon Development Strategy (LCDS) 2030, $1.5 billion of Guyana’s carbon credit monies will be distributed to 75 Amerindian settlements in Region One. The foregoing is part of the $4.7 billion that will be distributed to 242 Amerindian settlements, representing 15 […]
Transforming Village Economies with Carbon Credits Revenues
UNDER the Low Carbon Development Strategy (LCDS) initiative, the President of Guyana, Dr. Mohamed Irfaan Ali, and his government continue to deliver on their commitment to transform village economies, resources in part through the allocation of 15 percent of the funds received from carbon credits revenues, to Amerindian villages. This programme started in 2009 through […]
Robust, inclusive implementation systems support Guyana’s Climate Finance Programme
GUYANA’S carbon credit financing is supported by efficient systems to integrate the use of these funds into the national budgetary system. Vice-President Jagdeo reported Guyana has been making significant financial advancement in the area of climate finance through the advancement of its programme on the sale of carbon credits. According to him, the money will […]