Looking for a specific product?

Make a search for products & suppliers, articles & news.

Guyana-Norway partnership on climate and forests

In November 2009, Norway and Guyana signed on a Memorandum of Understanding declaring the two countries’ determination to provide a working example of how partnerships between developed and developing countries can save the world’s tropical forests.


This is one of the first examples of results-based payments for reductions in emissions of CO2 from deforestation and forest degradation on a national scale.

The funding from Norway will contribute to financing Guyana’s low-carbon development strategy, which aims to provide economic and social development, while protecting the forest 

Norway contributed 30 million dollars to support the Guyana REDD+ Investment Fund in 2010, and 40 million dollars in 2011. Provided that the expected results are achieved and that other elements of the partnership fall into place, Norwegian support for the years up to 2015 could add up to as much as USD 250 million. The financial support from Norway will be channeled through the Guyana REDD+ Investment Fund (GRIF), administered by a reputable international institution. 

Guyanas strategy for low-carbon development sets out how Guyana can limit forest-based emissions, convert almost its entire energy sector to clean energy, accelerate the development of low-carbon economic sectors and address the huge challenges the country is facing in adapting to climate change. As an illustration, 90% of Guyana’s productive land is threatened by changing weather patterns, and in 2005, floods wiped out infrastructure and materials worth the equivalent of 60% of GDP.

The partnership between Guyana and Norway provides a model example on how developing countries, including countries with historically low deforestation, can be economically compensated for maintaining their forest covers.  


Background and documentation:


Joint press releases:


Results reporting Guyana:


Other reports:


Related news

Latest news

Chairman Knut Ørbeck-Nilssen sets out transformation of IACS at CMA Shipping 2018

To help the maritime community ensure the cyber-resilience of their assets, 

DNV GL opens LNG test centre to enable safer and more efficient use of LNG

The ability to monitor the composition of LNG in real time 

Peter Brun appointed as DNV GL’s new global offshore wind segment leader

Brun brings more than 26 years of experience 

Getting a solid overview of silicon production at Elkem Thamshavn

Major investment by Bremnes Seashore

The contract comprises two Polarcirkel 1050 Cabin, 

Are you in full control of your equipment?

Poorly maintained nets may harm the fish.

Windcat Workboats builds their 19th and 20th vessel with Servogear CPP

The delivery of the Servogear Ecoflow Propulsor to Windcat 43 and Windcat 44 will take place in Q2 and Q4 2018.   

Steinsvik named “Company of the Year 2017”

Development takes time, and this company is a good example of that.

DNV GL primary project partner in Northern Gas Networks led Hydrogen Network Innovation ProjectNv

The project is split into two phases.