Guyana has an estimated 18.4 million ha of forests, accounting for about 85% of the country’s total land area. Much of these forests make up part of South America’s Guiana Shield, one of the largest remaining blocks of primary tropical forest on earth, containing the highest percentage of primary forest cover (over 90% is intact tropical forest) of any major tropical forested area. It is therefore critical for Guyana to choose a development pathway rooted in sustainable land use, including reducing emissions from deforestation and forest degradation (REDD+).
FCPF 2023 Annual Report
The 2023 Annual Report spotlights the groundbreaking emission reductions payments made over the past year to Costa Rica, Côte d’Ivoire, Ghana, Indonesia, and the Lao PDR. Combined with Mozambique’s emission reductions payments to date, Carbon Fund results-based payments now total $53.2 million, with that number expected to increase to at least $300 million in the coming year.