Stories News 2016 11 27 1President David Granger takes a look at some of the batteries, which are a part of the solar electricity system at Demerara Bank Limited, as CEO, Mr. Pravinchandra Dave explains how the system worksGeorgetown, Guyana – (November 26, 2016) President David Granger, today, reiterated that his administration is committed to moving Guyana closer towards full renewable energy by 2025 and lauded Demerara Bank Limited (DBL) for leading the charge towards the development of a ‘green’ state. The Head of State made these remarks at the launch of the Bank’s solar powered Head Office and Corporate Banking Branch on Camp Street.

DBL accomplished this at the relatively low cost of about $27.5 million, which it will recoup in about three years, as its monthly electricity bill prior to the transition was between $1.4 and $1.5 million per month, and will now offer a special eight percent interest rate for companies and businesses interested in installing similar technology.

Stories News 2016 11 26 1THE Caribbean Community Climate Change Centre (CCCCC) and the United States Agency for International Development for the Eastern and Southern Caribbean (USAID)/ESC launched the Climate Change Adaptation Programme (CCAP) last week at the CCCCC’s headquarters in Belmopan, Belize.


The CCAP, which will be implemented by the CCCCC, commits US$25.6 million over four years to boost climate-resilient development and reduce climate change-induced risks to human and natural assets in 10 countries.

Stories News 2016 10 01 6

 

Part 2, Section 1: The International Climate Change Financing Regime

President David Granger of the Cooperative Republic of Guyana and Minister of Climate and Environment Vidar Helgesen of the Kingdom of Norway met yesterday on the sidelines of the UN Climate Change Convention in Marrakesh, Morocco, for a very constructive dialogue on the way forward for their forest and climate partnership.