Wednesday, November 20, 2019

Norway rewards Guyana, despite increased deforestation driven by gold mining

The Norwegian Climate Ministry has based its final forest payment to Guyana on a Rube Goldberg-type formula – one that uses an excessively complex and impractical method to reach a simple, predetermined answer. Referring to this calculation, Norway is disbursing all its remaining funds, despite high deforestation rates in Guyana driven by gold mining.

Development Today is a subscription-based online journal. To subscribe click here.

If you are already a subscriber to Development Today please log in.

Would you like to know more about Development Today? Click here.