Considerable progress has been made in the Guyana-Norway forest partnership but the sloth of the funding mechanism is now the bigger challenge, according to a report prepared by the Office of Climate Change (OCC).
The third Annual Progress Report on the Guyana-Norway partnership documents Guyana’s performance as at June 2012, and covers ‘Year 3’—October 1, 2010 to December 31, 2011—of the partnership, which runs up to 2015.
The Memorandum of Understanding (MoU) signed between Guyana and Norway in 2009, provides for the provision of REDD+ results-based payments from Norway. Guyana can be paid up to
