As of April 30, US$70.8M was disbursed from donors to Guyana to support the Low Carbon Development Strategy (LCDS) and REDD+ efforts out of a total commitment of US$255.4M.
US$70M in performance-based payments from Norway was deposited into the Guyana REDD+ Investment Fund (GRIF) but no cash has been released to Guyana yet. US$450,000 has been disbursed by the Inter-American Development Bank (IDB) while US$ 399,604 was released to Guyana from a Conservation International/German Development Bank (CI/KfW) grant, which committed US$627,257 for support to the Monitoring, Reporting and Verification System (MRVS)-related activities.
The figures were posted on the LCDS website, days after Stabroek News reported that the government had failed to meet a deadline to establish a dedicated website to show pledges of funding
