Norway and other donors are currently paying the GFC “in the region of US$500,000 per year” for Monitoring, Reporting and Verification (MRV) work on forest carbon assessment, on top of the US$3 million received by GFC for MRV to date (see: 2013 Report of LTS International, Ecometrica, Indufor Oy, and Chr. Michelsen Institute. ‘Real-Time Evaluation of Norway’s International Climate and Forest Initiative. Contribution to Measurement, Reporting and Verification,’ pages 47 and 57).
The question Guyanese could well be asking is, why is the GFC not monitoring, reporting and verifying (MRV-ing) the haemorrhage of high-value logs by Bai Shan Lin, and the other Asian log traders with none of the local processing and in-country value-addition required by parliament-approved national policy?