Guyana's president speaks about financing forest management
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| Published on Sunday, September 14, 2008 |
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By Oscar Ramjeet
Caribbean Net News Special Correspondent
Email: oscar@caribbeannnetnews.com
GEORGETOWN, Guyana: Guyana's President Bharat Jagdeo gave a presentation on the importance of financing for sustainable forest management when he addressed a conference on forest management in Paramaribo, Suriname on Tuesday.
Jagdeo underlined and emphasised the need to look beyond traditional approaches to financing for forests. He made reference to the work of the Inter Governmental Panel on Climate Change (IPC), McKinsey and Company and the Stern Review, who have all underlined the importance of addressing deforestation as part of global climate change.
The Guyana Chronicle reported that Jagdeo pointed out that forests need to be included in any international framework being established to address climate change. He noted that the current EU Carbon Trading Scheme does not recognise standing forests nor does the Kyoto Protocol, which actually provides a disincentive for tropical forest conservation and protection.
Touching on finances, Jagdeo made the point that while overseas development assistance for forest management has been helpful, he said there is need for a more predictable flow of finances which can only come from a market based approach.
He also emphasised that "without proper valuation of our forests, tropical forest countries may be short changed in the negotiations." He made reference to the circumstances of Guyana and Suriname, as countries with high forest cover and very low deforestation rates.
The conference was chaired by Suriname President Ronald Venetiaan. | | | | Reads : 466 | | | |
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