25 Nov '11, 11am

What's happened to Guyana's rainforest deal with Norway?

What's happened to Guyana's rainforest deal with Norway?

Guyanese president Bharrat Jagdeo was once the posterboy for an international community eager to play up its dedication to climate change. The West was finally engaging with developing nations like his – tucked into a corner of the Amazon jungle between Brazil, Venezuela and Suriname – by handing over millions of dollars in exchange for the maintenance of vast tracts of primary rainforest. Jagdeo was even nominated for a Nobel Peace Prize. As his presidency comes to end, however, so does his image as the forward-thinking saviour of rainforest-rich developing countries. His government offers nothing but a veneer of hope, according to analysts of Guyana’s groundbreaking deal with Norway signed exactly two years ago. The deal stipulated that Norway would pay Guyana – based on results – up to $250m over five years to cut down deforestation and thus avoid carbon dioxide emissio...

Full article: http://www.theecologist.org/News/news_analysis/1144823/wh...

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