We're saved!: In an attempt to prevent bad weather, Norway is expected to pay Guyana US$250 million for carbon dioxide swindle

Suriname follows Guyana in climate change policy making | 2011/08/21/ | Latest

Guyana has established the Office of Climate Change that leads the country’s formulation and implementation of its Low Carbon Development Strategy (LCDS). Under the LCDS, Norway is expected to pay Guyana US$250 million for keeping its rainforest intact to absorb carbon emissions that cause global warming.

Guyana intends to use the money to help finance the construction of the Amaila hydropower plant, reimburse government for solar panels being bought for Amerindian communities, finance the demarcation of Amerindian lands and fund community development projects.