Latest assessment of the state of Guyana’s economy

Last week, the temperature in several parts of Europe reached an all-time record high of 42 degrees Celsius, triggering massive wildfires in France, Spain, Portugal and Greece and causing thousands of residents to flee their homes. There can no longer be any denying that the soaring temperature, invariably described as the “heat apocalypse”, is linked to global warming and climate change caused mainly by increases in greenhouse gas emissions through the burning of fossil fuels. As of last Monday, the concentration of carbon dioxide (CO2) in the atmosphere was 419.04 parts per million, representing a 47 percent increase since the beginning of the Industrial Age and an 11 percent increase since 2000.