75 Amerindian villages to benefit from $1.5billion carbon credits funds

July 10, 2023

A sum of $1.5 billion of Guyana’s carbon credit funds is being provided to 75 Amerindian villages in Region One to add to Amerindian development as outlined in the Low Carbon Development Strategy (LCDS) 2030. 

Some $4.7 billion will be disbursed to 242 Amerindian villages, representing 15 per cent of Guyana’s payment from Hess Corporation for 30 per cent of its forest.

D elivering the feature address at the 2023 Regional Toshaos/CDC Chairpersons Conference for the Mabaruma sub-district on Sunday, Minister of Amerindian Affairs, Pauline Sukhai noted the significant investment being directly into the villages..

“This, for the first time, provides the highest level of finances available to villages since 2020,” the minister stated.

The financial support is in addition to the many programmes that are being implemented by the government. 

Village leaders were also urged to stick to priority projects that were initially identified, whether it is through the Presidential Grants, Community Development Project investment fund or the $3 billion supplementary that is available for the villages.

Minister of Housing and Water, Collin Croal who has parliamentary oversight for Region One, speaking at the session reminded of the need for strong local leadership.

“If we want to start looking at a bigger picture for interventions for our villages, then we need to start speaking about a collective. Speaking about individualism, you will not be able to achieve much, you won’t have strength in that regard,” he underscored.

This year’s conference is themed, “Transforming our One Guyana and Building Sustainable Livelihoods through Empowerment, Accountability and Transparency.” 

It is intended to grant Amerindian leaders an opportunity to raise issues affecting their communities at the regional level, after which, bigger issues will be addressed at the National Toshaos’ Council (NTC) conference slated for August. 

Minister of Amerindian Affairs, Pauline Sukhai