FRIDAY 2nd December, 2022
$100
No. 106924
Guyana to sign first sale agreement on carbon credits today
Historic achievement SEE PAGE
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- Guyana secures 33.47M TREES credit - becomes first country to receive REDD+ carbon credits for successful protection of forests against loss, degradation
THE Architecture for R E D D + Tr a n s a c t i o n s (ART) has issued the world’s first The REDD+ Environmental Excellence Standard (TREES) credits to Guyana, marking the first time a country has been issued carbon credits specifically designed for the voluntary and compliant carbon markets for successfully preventing
forest loss and degradation – a process known as jurisdictional REDD+. “Following completion of an independent validation and verification process and approval by the ART Board of Directors, ART has issued 33.47 million TREES credits to Guyana for the five-year period from 2016 to 2020,” ART said in a press release.
Those serialised credits, listed on ART’s public registry, are available to buyers on the global carbon market, including for use by airlines for compliance with the International Civil Aviation Organization’s global emission reduction programme, CORSIA, as well as for use toward voluntary corporate climate commitments. FULL STORY ON PAGE 3
‘I’m lost for words’
- elderly Herstelling woman says in reaction to President Ali’s intervention to enhance her living conditions
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Israeli company to develop US$15M Elections COI hears: hydroponic project in Guyana Lowenfield went rogue
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Opposition shows disregard for local content development
- stalls establishment of Local Content Advisory Committee by not appointing representative, Minister Bharrat says
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