A tender is out to verify the findings of a report on deforestation rates in Guyana that could see the disbursement of the second tranche of money under the Guyana-Norway forest deal by the second quarter of next year.
The Guyana REDD+ Monitoring Reporting and Verification System (MRVS) Interim Measures Report 2010 by Poyry Management Consulting Limited of New Zealand and the Guyana Forestry Commission (GFC) showed that deforestation had tripled over the past year. Despite the rising rate, Guyana qualified for the first payment under its five-year US$250M forest saving deal with Norway since the rate was still well below the interim reference level. However, the transfer of the US$30M for 2010 was