Guyana set for another Norway forest deal

Guyana is set to sign another Norway forest conservation deal next year with that country preferring to fund energy projects rather than the controversial, US$1B Amaila Falls hydro-electric project.

The disclosures were made to government officials by Norwegian representatives during a meeting earlier this month in Paris, France. Also present at the meeting were top officials of Inter-American Development Bank (IDB), which is managing proceeds of that US$250M, ground-breaking forest deal that expired last month. Minister of Governance, Raphael Trotman, who was part of the Paris meeting with Minister of Finance, Winston Jordan, said that from the talks, it is mere formality that another forest deal will be signed next year. The delay would not hamper or interrupt current collaboration between the two countries.(…[+]

Source: Dutch Caribbean News Guyana set for another Norway forest deal