Guyana Presents its case at carbon finance summit


As one of the leading members of Caricom and the one with arguably the most diversified resource base it is encouraging to highligght the position Guyana has taken and expressed on the issue of deforestation , climate change and carbon Finance.
Head of State Bharrat Jagdeo delivered the feature address at the Forest Carbon Finance Summit 2009 where he highlighted Guyana’s position on avoided deforestation. Avoided Deforestation is now touted as a concept where countries are paid to prevent deforestation that would otherwise occur.
He said that country can play a critical part in helping to outline a successor Agreement to the Kyoto Protocol in time for the December 2009 Copenhagen Climate Conference.
While acknowledging that developed countries need to have strong political will and dedication to addressing the climate issue, the Guyanese leader also pointed out the responsibility of developing countries as part of the solution, using forests as a cost effective abatement solution.

Comments

Popular posts from this blog

CDM Projects by Scope (Industry)

IFC Board approves new standards - Implications for Carbon Finance