Guyana moving to assess forest carbon stocks for sale of credits

Conservation International Guyana (CI Guyana)  will  provide the Guyana Forestry Commission with $8M to support the establishment of a special secretariat which will  be involved in  figuring out just how much carbon Guyana has in its forests and how to calculate it.

The establishment of the quantity of carbon  will serve as a monitoring tool and it is expected to become of even greater value as Guyana pursues the sale of forest carbon credits, CI Guyana stated in a press release yesterday.

The Reduced Emissions from Deforestation  and Forest Degradation (REDD) secretariat is part of Guyana’s pursuit of an avoided deforestation strategy under the REDD initiative  and will serve to coordinate the country’s efforts and facilitate national readiness, the release said.

It stated further that one of the main components of the grant agreement is the establishment of scientific methods that can be used to assess Guyana’s  forest carbon stocks  at a national level.

And once these methods have been developed Guyana will be able to calculate what  exactly it has in terms of forest carbon stocks and then to  monitor its use.

The secretariat will be housed in the GFC and will be part of the larger support for government’s policy and strategy initiatives to establish the country’s role as a leader in climate change efforts for areas with high forest cover and low rates of deforestation.

Guyana is promoting a low carbon economy and is campaigning for the rest of the world to recognize the need to pay for standing forests as a mitigation measure against climate change.

Globally, the release noted, many hope that REDD, a mechanism for compensating  countries for reducing emissions from deforestation and degradation will generate funds for tropical countries.
Guyana is  one of some 11 countries that are characterized by high forest cover and low deforestation rates.

These countries own 13 percent of the world’s forests but there are little incentives to maintain these forests which  provide valuable ecosystem services to the world, CI Guyana added.


Contractor shot in robbery after leaving bank

An electrical contractor of Enmore/Hope, East Coast Demerara, who was robbed and shot about 1 pm today at Foulis, ECD, is presently admitted in a stable condition at a private medical institution in Georgetown, the police said today.

Minister decries poisoning of Coconut Trees at Hope Estate

The recent poisoning of 18 bearing coconut trees by persons at Hope Estate was today condemned  by Minister of Agriculture, Noel Holder.

Mashramani traffic advisory from Police

The Guyana Police Force is informing members of the public that in order to facilitate activities relating to the Mashramani float parade 2018 the following intersections will be closed to vehicular traffic from 6:00h until the end of the days’ activities;Camp Street & Thomas land Albert Street & Wooldord Avenue Sandy Bobb & Vlissegen Road Sandy Bobb & J.B Singh Barr Street & Vlissengen Road Dowding & Vlissengen Road Station Street & Vlissengen Road Lamaha street & Vlissengen Road Woolford Avenue & Vlissengen Road Woolford & J.B Singh Anira & Irving Streets Laluni & Irving StreetsThe Following roads will also be closed to facilitate the float parade; u  Crown & Irving streets u  Almond & Irving Streets u  Forshaw & Irving Streets u  Church Street & Vlissengen Road u  North & Vlissengen Roads u  Regent Street & Vlissengen Road u  South & Vlissengen Road u  Brickdam & Vlissengen Road u  Homestretch Avenue & Vlissengen Road u  Hadfield & Vlissengen Road u  Mandela Avenue & Vlissengen Road        

Security net to stay in East Port of Spain following unrest

(Trinidad Guardian) Joint police and Defence Force patrol camps are remaining in East Port-of-Spain permanently and will be supplemented as necessary, Minister in the Office of the Prime Minister Stuart Young says.

Auditor General requests info from private developer to complete probe of billion-dollar D’Urban Park project

Auditor General Deodat Sharma says that he is awaiting some information from Homestretch Development Inc (HDI) before he completes his investigation of the controversial billion-dollar D’Urban Park Development Project.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now