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The Guyana REDD+ Investment Fund (GRIF) is a multi-contributor trust fund for the financing of activities identified under the Government of Guyana’s Low Carbon Development Strategy (LCDS). Pending the creation of an international REDD+ mechanism, the GRIF represents an effort to create an innovative climate finance mechanism which balances national sovereignty over investment priorities while ensuring that REDD+ funds adhere to the highest internationally recognized standards for financial, environmental and social safeguards. The GRIF was established in October 2010, with the World Bank as Trustee, following an agreement signed between Guyana and Norway in November 2009, in which Norway agreed to provide Guyana up to US$250 million by 2015 in performance-based payments for avoided deforestation in support of Guyana's LCDS.

For an update on the status of GRIF Projects click here

Amerindian land titling, demarcation to move ahead
Wednesday, 23 October 2013 13:20

ALT Signing 2013

The titling of 13 Amerindian communities and the demarcation of 33 villages will soon commence following a US$10.7M agreement signed between the Guyana Government and the United Nations Development Programme (UNDP).

Minister of Finance Dr. Ashni Singh, UNDP Resident Representative Khadija Musa and Minister of Amerindian Affairs Pauline Sukhai inked the agreement at the commencement of the National Toshaos Council (NTC) meeting this morning at the Guyana International Conference Centre, Liliendaal. NTC Chairman Derrick John bore close witness.

Micro and small enterprise development project launched to accelerate private sector growth
Wednesday, 23 October 2013 13:16

MSE launch 2013
Micro and small businesses in Guyana will now benefit from easy access to financing with reasonable interest rates through the Micro and Small Enterprise Development (MSED) project which was launched yesterday at the Guyana International Conference Centre (GICC) at Liliendaal, Greater Georgetown. The project aims to address two major challenges which hinder the development of micro and small enterprises and the ability of vulnerable groups to build alternative livelihoods in Guyana.

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Last Updated On

Thursday 26 June 2014, 03:58