US$80M for IDB as Guyana’s equity in Amaila project

Luis Alberto Moreno

Guyana and Norway are continuing discussions on the controversial Amalia Falls Hydroelectricity Project (AFHP) and Oslo recently asked the Inter-American Development Bank (IDB) to receive US$80 million as Guyana’s equity in the project.

The transfer of the funds outside of the Guyana REDD+ Investment Fund (GRIF) as well as the fact that the