US$115M in payments received so far under Guyana-Norway forest pact

krishna · 05-18-2014, 02:57 PM · 1 person reading this discussion

#1
US$115M in payments received so far under Guyana-Norway forest pact


- only four GRIF projects at implementation stageOver four years into a five-year agreement between Guyana and Norway for Guyana to be paid to protect its forests, only US$115 million out of a potential US$250 million in performance-based payments has been awarded and only four projects are in the implementation stage .

#2
Thats good forests are good, they're important not only to Guyana but to the entire world, forest provide oxygen and trap CO2, Guyana's forest might also be the most diverse in the region...

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