President hails forest MoU with EU

Minister of Natural Resources,  Vickram Bharrat (left) exchanging the MoU with President of the European Commission, Ursula von der Leyen.

President Irfaan Ali says the forest partnership between Guyana and the European Union (EU) underlines the strong commitment to continuing the innovative programme on climate, the environment and forests.

Ali made the point at State House on Tuesday during a virtual address, following the signing of the Memorandum of Understanding (MoU) on a Forest Partnership between the European Union and Guyana, a release from the Office of the President said.

The MoU has four key objectives: (1) increasing the area of protected, restored or sustainably managed forests, including mangroves; (2) increasing the number of forest-related jobs; (3) maintaining the close-to-zero annual rate of deforestation of natural forests and (4) looking for ways to facilitate investment and trade in legal and sustainable wood products between Guyana and the EU.