In past blogs, I highlighted many contradictions in various reports that surfaced recently as President Jagdeo tries to sell the low carbon development strategy he has envisioned for Guyana in order to combat the negative effects of climate change.
In November 2009, President Jagdeo noted at a press conference in England that deforestation in Guyana will likely increase when he was questioned on the agreement between Norway and Guyana regarding the Memorandum of Understanding forest protection initiatives; it is a deal that is worth USD250 Million paid to Guyana over five years for practicing good forestry governance.
Recently, I highlighted the deal between Canopy Capital Investments of the U.K and Guyana allowing the former to market its Ecosystem Services for 5 years, through a guaranteed yearly payment to Iwokrama; it is a deal that is estimated to be somewhere close to 1.2 million USD according to Mongabay.com. The details of this deal have been less than transparent. President Jagdeo has not mentioned this agreement nor has the Iwokrama International Center acknowledge its