Show dem weh barley ah grow Mr. Prez. More progress for Guyana and bad news for the PNC/AFC. Wait, I take that back. Maybe the PPP will use this money to bribe the opposition not to vote for the no confidence motion. You know they got their hands stretched out waiting "fuh de ting".

“Today’s announcement is also a strong rebuttal to those who have tried for several years to kill our Low Carbon Development Strategy and the Guyana-Norway partnership. For many years, vested interests in Guyana tried repeatedly to prevent our country from receiving this money from Norway.” – President Donald Ramotar

MOSES AND KHEMRAJ ARE SEETHING WITH ANGER---THEY ARE ON SUICIDE WATCH---THOSE 2 PPP HATERS ARE ROYALLY PI$$ED AT NORWAY---GREAT NEWS FOR GUYANA AND GUYANESE IS HORRENDOUS NEWS FOR THOSE 2 WANKERS.

* The bellyachers on GNI have been strangely quiet recently.

Rev

More money to fix up the homes of the leeches in Govt. Man oh man, thankfully I don't have to live in that shithole.

Mo thiefin, now de marriot gonna stand a chance of getting complete by next august.

This is supposed to be tbe fourth payment, can anyone says what happened to the

other three payment before? Who thief it?

It's being handed out 10k per child as an election ploy by that dirty party PPP/C....'member?

Amaila Falls Hydroelectric Power project will become a reality for Guyana.

Norway paying Guyana US$35M for global climate services – President Ramotar

October 25, 2014, By KNews, Filed Under News, Source - Kaieteur News

The Norwegian Government will pay Guyana some US $35M for the global climate services provided by the forest during 2012. This announcement was made yesterday by Head of State Donald Ramotar at a press briefing at the Office of the President.

Head of State
Donald Ramotar

The latest payment will bring the total funds earned under the partnership to US$ 150 million, President Ramotar told reporters. According to the President, the announcement comes as a strong rebuttal to those who have tried for several years, to kill the Low Carbon Development Strategy (LCDS) and the Guyana-Norway partnership.

“For many years, vested interests in Guyana tried repeatedly to prevent our country from receiving this money from Norway. On failing to do so, some politicians tried in three successive national budgets to stop the money from being invested in our people’s future” Ramotar told the media.

“Guyana is on the threshold of achieving what few countries anywhere in the world have managed to achieve” the President noted.

Further, the Head of State said that Guyanese should stop to reflect on the fact that government has spent five years building the foundations of a genuinely low carbon economy. He said that government is maintaining 99.5% of the forest, and showing the world that it is possible to do this while simultaneously generating jobs and economic growth from sustainable forestry and mining practices.

“New low carbon economic sectors are growing fast; small businesses are creating low carbon jobs, Amerindians are achieving secure tenure over their land; and we are starting to invest in critical flood protection infrastructure” the President posited.

The President continued to maintain that the country’s LCDS is grounded in recognition that climate change is a clear expression of the inequality and injustice that exist in the world. He said that this is a problem primarily caused by rich countries, but whose negative impact is felt primarily by poor countries. He said five years ago Guyana was one of the first countries who attempted to correct the global injustice.

Moreover, Ramotar said that in coming months the independent, international validation of deforestation rates in 2013 will be completed. He said that Guyana will receive the fifth payment under the country’s partnership with Norway.

The President said that it is expected that this will bring an even higher payment, bringing the total amount earned thus far close to US$200 million, all of which is being invested in Guyana,‘s Low Carbon Development Strategy.

It hasn’t been an easy road at times…..
Despite setbacks, the President said that the country has prevailed and money is now flowing into the priority investments, both from the country’s own budgetary resources and from the money received from Norway.

He said that most of the money is now allocated to transformative projects, and in most cases, is flowing to create real benefits for Guyanese.

He said that over 11,000 Amerindian homes have electricity for the first time powered by solar units. “ Low carbon industries are growing fast…  ecotourism in the Rupununi is growing by 20% a year, our business process outsourcing sector has more than doubled employment in less than five years, and we are seeing innovative initiatives in agricultural development” Ramotar explained.

Using money received from Norway for climate services, the President said that government is working with local banks and other financial institutions to stimulate the creation of 2,200 low carbon jobs over three years in small businesses and vulnerable communities.

The payments from Norway are also enabling the advancement of the LCDS Amerindian Development Fund the President disclosed.

Back in August, Head of the Presidential Secretariat Dr. Roger Luncheon had said, that there needs to be a comprehensive review and examination of the Guyana/Norway Forest Agreement. According to Luncheon, this would be the best way of defining how well Guyana has performed, particularly in reference to its obligations.

NORAD in its latest report released in August, had confirmed that Guyana could have lost US$20 million as a result of increased deforestation in Year 3 (2012) of the Guyana-Norway forest protection partnership. NORAD is a directorate under the Norwegian Ministry of Foreign Affairs, and since 2010, has been monitoring Norway’s International Climate and Forest Initiative (NICFI) the programme under which Guyana is paid to protect its forest.

Guyana and Norway in 2009 inked a REDD+ partnership under which Oslo will pay for Guyana’s performance on limiting greenhouse gas emissions from deforestation and forest degradation, and for progress made against governance-related indicators.

REDD+ is a global initiative that aims to reduce greenhouse gas emissions from deforestation and forest degradation. Norway’s payments to Guyana may amount to approximately US$250 million over the period to 2015, depending on Guyana’s performance.

Source - http://www.kaieteurnewsonline....s-president-ramotar/

Yeah Baby. Us dollars rolling to the Guyanese People!!!

Correction: It will become a reality under the PPP administration. 

You got lines with God to have a flood in that dry up place? Or the Govt gonna flood people out as they did to those poor people lil time ago?

You happy for them thiefin Govt people dem eh? Dem guys rolling in the dough now, they gonna start buy votes likea rass.

At least they give it to the people. A deviation from when the opposition was in power.

Is this what the Norweigans are donating to, a corrupted govt who buys people out?

The honorable minister of education hinted that they will increase the funds next year. These nut jobs don't read the chronicle newspaper?

Some of these guys will commit suicide after the next elections.

I think even before the Election.

I tip my hat and bow with a slight inclination to your correction. 

Facts ....

1. The main stem of the source for the hydroelectric project indeed has a few periods of low or no flows.

2. The accomplishment of the project depends on merging flows from other streams to provide, with a 0.001 probability of occurrence, the operation of the works.

3. Of note, as I have stated on a few of the topics, there are numerous hydroelectric projects in the world which are build on streams which are augmented by flows from other streams.

4. Also, I provided examples of hydroelectric developments for which I was the Executive Coordinator for Engineering for projects identical in nature to the Amaila proposal which were built in Canada, Africa and other countries, plus also in Europe when I was working in that area of the world.

Can the members of the Indo KKK (PPP branch) indicate why Norway hands the money over to the IDB, and doesn't give it DIRECTLY to Guyana.

Can you admit that this is because they know that most of the cash will end up in Miami, or in lavish Guyana real estate, if given directly to the PPP thieves?

Well it will be the IDB and not the PPP who will decide on Amaila.  After all Norway didn't give the funds to Guyana.  It gave it to the IDB for use in Guyana.

Obviously they know that the PPP isn't to be trusted.

As usual, your usual irrelevant views on the specific issues under discussions.

DG, They pass it through IDB to Guyana, it still gun be Guyana money, nah??

Correct, Nehru. 

I note that as usual you refuse to take your incontinence medication and now the nurses refuse to handle you as the nursing home doesn't have any hazmat suits.

It is perfectly reasonable to ask why Norway doesn't give the money directly to the Guyana gov't. but instead has it flow through the IDB.  Only you with your advanced dementia seem unable to understand this.

No because it is the IDB which will determine what it will be used for, and if they lack confidence that it can be used effectively, will leave it sitting there.  They will NOT be held responsible for corruption, or poorly conceived white elephants, the hall mark of PPP (mis)rule.

Yet again, your persistent irrelevant personal attacks to hide your basic understanding of issues.

Perhaps, your statement reflects your personal conditions.

Is it IDB or the world bank via REDD?

Via your anal canal. Did they consult you yet? Your anal canal is wide and deep enough to accommodate $35mil(USD) in Guyana dollars. All that ramming and penetration now paying off.

Dumbo, looks like you know more than Norway.  Alyuh kack up and stratch nah.

True, but you need to educate the dumbos like ASJ, HM_Redux, etc who seh the previous money got stolen.  Fact of the matter, the money was given because the GoG fulfilled their part but the administration of the funds and vetting of projects will be IDB.

Correct, is Guyana money.  The IDB is the institution which will administer the funds as they have the expertize and experience in such matters.

Kwame prappa violate you shelly. Yuh goin mo buck wilde by de minute.