Cash in GRIF must be spent before replenishment
-says former Norway environment minister Solheim
Former Minister of the Environment and International Development of Norway, Erik Solheim says that Guyana must justify the need for the funding of new projects in order to trigger the release of additional tranches of funds under the Norway-Guyana agreement and the money already disbursed must be spent before more could be released.
He also emphasized that Guyana needs to stick to the agreement to preserve its forests. Solheim made the comments in an emailed response to questions from Stabroek News at the conclusion of the International Union for the Conservation of Nature’s (IUCN) World Conservation Congress in Jeju, South Korea last week, where he was a participant.