The World Bank says that it is ready but has not yet been asked to release money for projects to be funded by payments from Guyana’s forest partnership with Norway.
International institutions involved with the Guyana REDD+ Investment Fund (GRIF) have faced criticisms recently – most notably by President Bharrat Jagdeo – for the non-disbursement of funds for projects. The GRIF is the financial mechanism through which Oslo will pay up to US$250 million for Guyana’s performance on limiting greenhouse gas emissions from deforestation and forest degradation,
