Transforming Guyana’s Economy While Combating Climate Change

The Low‐carbon Development Strategy of Guyana, entitled ‘Transforming Guyana’s Economy While Combating Climate Change’, is the result of over a year of consultation within Guyana and substantiated with input from the United Nations and international climate change initiatives. It sets out Guyana’s plan to create a new lowcarbon economy to 2020 and does so by identifying seven priority areas that will be focused on in the initial implementation phase and provides a framework for further development of the strategy beyond 2015.

The seven strategic priority areas for investment are:

1. Government equity in the Amaila Falls Hydro Electricity Company;

2. Accelerating Amerindian land titling, demarcation and extension processes;

3. Amerindian Development Fund;

4. Expansion of fibre optic digital infrastructure;

5. Micro‐finance for Small and Medium Enterprises and Vulnerable Groups’ Low Carbon Development;

6. Initial work to establish an International Centre for Bio‐Diversity Research and Low Carbon Development, coupled with enhancement of the national school curriculum;

7. Work on Monitoring, Reporting and Verification Systems (MRVS) and other support for the LCDS.