IDB to be Guyana’s partner in forest carbon facility

The Inter-American Development Bank (IDB) has been approved as the delivery partner through which Guyana will access grants from the World Bank’s Forest Carbon Partnership Facility (FCPF).

Guyana had requested that the IDB perform the services as delivery partner for Guyana’s participation in the FCPF and the World Bank, which is the Trustee for the Fund, approved. “In Guyana’s proposal to have the IDB as delivery partner, it was noted that the in-country resources of the IDB office will support the range of technical and administrative requirements for Guyana’s FCPF implementation. Guyana also noted that with the IDB as the Delivery Partner for the Guyana REDD+ Investment Fund, there will be opportunities for synergies in technical and administrative oversight, as well as implementation”, a statement from the Ministry of Agriculture said.

It pointed out that as part of this process; several preparatory steps led by the Facility Management Team of the FCPF are currently being executed, including discussion on approaches to activity implementation on matters relating to safeguards, logistical details and other relevant issues.

Agriculture Minister Robert Persaud, who also has responsibility for forestry, met Eirivelthon Lima – Senior Natural Resources Specialist, IDB Washington to advance discussion on the FCPF.  Along with IDB Guyana Office representatives, representatives of IDB Washington are currently in Guyana to engage in dialogue on Guyana’s Readiness Preparation proposal, and to discuss other related projects, the statement said.

It said that Guyana has already done extensive work in preparing its Readiness Preparation Proposal for the FCPF, and will continue this work with the IDB with the aim of smooth implementation. Persaud in his meeting with the IDB Mission called on the IDB to ensure timely and effective implementation of the FCPF, the release said.

The FCPF is a window under the World Bank to enable countries to be prepared to access financing under this and other forest carbon financing mechanism.

It came about as a result of the international debate and dialogue on climate change.  The first step under the process was the preparation and submission of a Readiness Plan Idea Note (RPIN). Guyana’s RPIN was approved in June 2008. Guyana then began work on the next phase which was Readiness Preparation Plan (RPP).

Guyana was one of the first countries to submit and win approval for its RPP. Several revisions were done to the RPP to incorporate stakeholder’s comments.

The Readiness Preparation Plan was subsequently changed to Readiness Preparation Proposal which underwent further multiple revisions.

There have been several revisions to the RPP. Preparation activities under this process are geared towards sustainable forest management, conservation and enhancement of forest carbon stocks, the release said.


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.

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