Last year, Guyana utilized $833 million of the funds under the Norway forest protection deal, according to Finance Minister Dr Ashni Singh.
The sum was allocated to various projects including the strengthening of institutions critical to Guyana’s efforts to keep deforestation levels at or below the agreed level. These institutions include the Climate Change Office and the Guyana Forestry Commission.
Speaking yesterday at the signing of a sea defence deal with the European Union, Singh also said that the government
