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Guyana still open to carbon credits forest deal with UK

Source:  Copyright 2008, Stabroak News
Date:  January 7, 2008
Byline:  Johann Earle
Original URL: Status ONLINE

President Bharrat Jagdeo says it is important for Guyana to either enter into a bilateral agreement or be a part of a market-based carbon trading regime so that it could raise the resources necessary for the fight against climate change.

He said that Guyana is still negotiating bilateral arrangements with the United Kingdom and expressed the hope that the country is able to benefit from this until a post-Kyoto arrangement is finalised.

Speaking at a press conference held at State House on Saturday, the President re-emphasised Guyana's vulnerability to the challenges of climate change and its need for assistance for the necessary mitigation and adaptation efforts.

During the Commonwealth Finance Ministers Meeting in October President Bharrat Jagdeo said Guyana was willing to deploy almost its entire forest in the service of the battle against climate change and this drew the ire of some and caused anxiety to others. ...

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