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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

Government signs GY$1.3 billion LCDS project for the development of the Amerindian Village Economy
Friday, 19 September 2014 14:45

ADF phase2 website

Minister of Finance, Dr. Ashni Singh, Minister of Amerindian Affairs, Pauline Sukhai and UNDP Resident Representative Khadija Musa today signed a $ 1.3B agreement that will facilitate Phase II of the Low Carbon Development Strategy (LCDS), Amerindian Development Fund (ADF) Project. The project is funded under the Guyana REDD+ Investment Fund and consequently is overseen by the Project Management Office in the Office of the President.
The Project will provide funding to support the socio-economic development of Amerindian communities and villages through the implementation of their Community Development Plans (CDPs). Approximately 160 communities will benefit over three (3) years. The communities will receive funding of up to $5M each for the village’s development of a community based project. All CDPs are approved by consensus or majority vote at village meetings, governed by Section 32 of the Amerindian Act of 2006.

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.

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Last Updated On

Wednesday 08 October 2014, 22:10