WWF provides $10M grant to advance LCDS

[www.inewsguyana.com] – The World Wildlife Fund – Guyana handed over a total of $10 million grant to the Guyana Forestry Commission [GFC] to support the commission’s efforts to advance the Low Carbon Development Strategy [LCDS] and comply with the terms of Guyana’s Bilateral Agreement with Norway.

At the presentation of the cheque on Tuesday October 15, it was explained that the grant will support the GFC’s REDD+ preparations such as research, stakeholder consultation, documentation and production of a report that will demonstrate Guyana’s progress toward REDD+ Readiness.

In brief remarks, Natural Resources and Environment Minister Robert Persaud said, “the project will support our REDD+ engagements, it will allow us to have a better appreciation of where we are, and will allow us to know what areas we need to identify, more or less to see how ready we are as a country to undertake our responsibilities and obligations in this regard.”

The Guyana government embarked on a national programme aimed to protect and maintain the state forests in an effort to reduce global carbon emissions while attracting resources to foster economic growth.