Minister of Natural Resources and the Environment Robert Persaud says that Guyana’s low rate of deforestation is testimony to the effective forest policy and legislative and governance framework in place in Guyana.
Oslo recently announced that it would pay Guyana US$35M under the forest protection agreement between the two countries, after a marginal increase in deforestation and forest degradation in 2012. This follows three previous payments that have been made for performance under the agreement for the years 2009, when US$30M was earned; 2010, which saw US$40M being recorded; and 2011, which recorded a payment of US$45M. In all, Guyana has earned US$150M thus far.
Assessment of performance for the reporting year 2013 is currently being finalised and according to Persaud, will likely see maintained levels of payment for forest carbon services coming to
