Guyana to get forest funds
Published:Tuesday | November 10, 2009 | 12:45 PM
Guyana is to receive up to $250 million by 2015 from Norway to preserve forests as part of a scheme to slow climate change.
The Nordic State said it wants to help Guyana maintain forests that cover three-quarters of its land, but payments would be linked to performance.
Last year, Norway promised Brazil $1 billion under a similar agreement to protect the Amazon rainforest.
The Norwegian Environment Minister said saving the world’s remaining tropical forests is a crucial element in the battle against climate change.
