Money for approved projects under Guyana’s forest preservation deal with Norway could still take some time to be released as the “partner entities” to whom the money will go are finalizing transfer agreements between them and the World Bank.
“Currently, the partner entities are finalizing the transfer agreements between them and the World Bank which have to be in place before funds can flow from the Fund to specific projects. This entails formal procedures in the relevant organisations that will still take some time”, Ambassador Hans Brattskar,
