In part of the world’s first nationwide distribution of carbon credits, the government of Guyana announced Indigenous communities will receive millions as it signed off on a $750 million carbon credit sale to petroleum company Hess Corporation. The deal, however, has spurred a series of mixed feelings and major accusations. Some climate experts and Indigenous […]
The National Toshaos Council (NTC) and the Iwokrama International Centre for Rain Forest Conservation and Development (Iwokrama) on Monday announced their collaboration in supporting the Council’s mentorship to Indigenous villages and communities to prepare Village Sustainability Plans (VSPs).
See below full statement from the Ministry of Finance:The PPP/C Government has publicly stated from the very inception of the work on the Low Carbon Development Strategy (LCDS), that national processes, underpinned by the existing legal framework, wh
United States (US) oil giant Hess corporation made its first payment of US$75 million (or GY$15.6 billion) to Guyana as part of a new venture where Guyana receives payments for saving its forests.This payment was announced via a statement on Vice Pre