There are currently no discussions on extending the forests partnership between Guyana and Norway but talks can start when the agreed deliverables of the current partnership are met, Director of Norway’s International Climate and Forest Initiative Per Fredrik Pharo says.
“Discussions regarding an extension of the partnership can start when the agreed deliverables of the current partnership are met,” Pharo told Stabroek News, when asked how the change of government in Guyana has impacted discussions towards an extension of the partnership.
Under the Guyana-Norway partnership, inked in 2009, Guyana could have earned up to US$250 million from Oslo in performance-based payments up to this year, based on an independent verification of Guyana’s deforestation and forest degradation rates and progress on REDD+ enabling activities.
