Latest update April 23rd, 2024 12:59 AM
Jun 09, 2009 News
President Bharrat Jagdeo, yesterday, launched Guyana’s low carbon development strategy towards promoting economic development, while at the same time combating climate change.
While doing so, he called for a platform on which developing countries like Guyana, are not seen as mere recipients of aid, but as equal partners in the search for climate solutions.
The launch of the strategy represented the start of an aggressive round of consultations, three months long, with all stakeholders, and a robust public relations campaign, before it is adopted by the government.
“There will be plenty of time and more materials,” Jagdeo said at the launching of the strategy at the Guyana International Conference Centre.
A low carbon economy, is one where economic activities are geared to reduce the amount of carbon dioxide that would otherwise go into the air, and also where other activities and lifestyles seek to minimize the effects of climate change.
The implementation of the strategy, for the large part, hangs on the December meeting of the United Nations Framework Convention on Climate Change (UNFCC) in Copenhagen. The meeting is expected to lay out a new global framework to combat climate change. Guyana and other forest-rich nations, want Copenhagen to include incentives for them in keeping the forests alive, thereby providing a reward for the eco-system services the forests provide.
About 80 percent of Guyana’s forests, or some 15 million hectares (37 million acres), have remained untouched over time. An expert study commissioned by Guyana, estimates that the country could receive payment in excess of US$580 million annually, if it were to engage in economic activities that could lead to the destruction of the forests, but the economic value to the world, if these same forests were left standing would be equivalent to US$40 billion.
The President described Guyana’s forests as a world class asset, in that in its home to 600 species of animals and plant life; generate rainfall; and absorb carbon dioxide, one of the greenhouse gases which pollute the atmosphere and help contribute to global warming.
With the right low-deforestation economic incentives, Guyana will avoid emissions of 1.5 gigatons of CO
2
(carbon dioxide equivalent which includes other greenhouse gases) by 2020 that would have been produced by an otherwise economically rational development path.
LISTEN HOW JAGDEO WILL MAKE ALL GUYANESE RICH!!!
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