The Project Concept Note (PCN) for the rehabilitation of the Cunha Canal is currently being reviewed by the Steering Committee of the Guyana REDD+ Investment Fund (GRIF).
The Cunha Canal project is to be financed with funds garnered through Guyana’s forests partnership with Norway. The US$1.91M venture is projected to increase the real time drainage capacity of the East Demerara Water Conservancy (EDWC) by up to 30%. Last week, the World Bank said that the PCN had been submitted to the GRIF Steering Committee (SC) and is currently being reviewed. The GRIF is the mechanism through which the monies from Norway are channelled to Guyana.
The World Bank, which has funded the Conservancy Adaptation Project (CAP), has been selected as the partner entity through which the funds would flow. The upgrading of the Cunha Canal is
