Future mangrove project funding to be tied to EU indicators

European Union (EU) funding for the Guyana Mangrove Restoration Project (GMRP) under the 11th European Development Fund will hinge on government’s ability to meet indicators.

So says EU Cooperation Officer Susana Fernandez-Rodriguez, who told Stabroek News that the EU was making strides to ensure that achieving indicators becomes the norm when funding was channelled through budget support.

According to Fernandez-Rodriguez, the EU would be formulating various indicators under the 11th EDF—which will cover the period 2014 to 2020—that the Guyana government would have to hit in order to