The Caribbean Community (CARICOM) has agreed to back Guyana’s call for financial compensation for its Low Carbon Development Strategy (LCDS) in the global climate change programme.The agreement emerged from the special ministerial meeting on climate change and development on Tuesday in Saint Lucia where they also agreed that the region must present a consolidated and united front in the run-up to and at the United Nations climate change summit in Copenhagen, Denmark in December.
NORWAY has commended Guyana on its climate change leadership role and expects to conclude an agreement soon with this country that could result in funds to help its avoided deforestation and forest degradation model that is winning greater international recognition and endorsement.International experts have also supported the framework for establishing a Guyana Monitoring, Reporting and Verification (MRV) system for Reduced Emissions from Deforestation and Degradation Plus (REDD+) with the Clinton Foundation and other groups helping to advance the process.
Guyana is on a regional High-Level Advisory Committee (HLAC) assessing the economics of climate change for Latin America along the lines of the watershed Stern Review the British Government commissioned in 2006. The project 'Review of the Economics of Climate Change (RECC)’ is being undertaken by the United Nations Economic Commission for Latin America (ECLAC), with funding from the British Department For International Development (DFID).Guyana country representative on the HLAC is Mr. Shyam Nokta, Head of the Office of Climate Change in the Office of the President and Chairman of the National Climate Change Committee.
(OFFICE OF CLIMATE CHANGE) -- The Guyana Manufacturers and Services Association Ltd (GMSA) has endorsed the draft Low Carbon Development Strategy (LCDS), saying it shows an overall appreciation of the development thrust of the manufacturing sub sector in the forest industry.The association, in a position paper drawn up by Mr. Rustum Bulkan, Chairman of its Wood sub-sector group, says the strategy is in accordance with the focal areas pinpointed over the years as essential for the future advancement of this sub sector.