Norway has released US$1.1M to Guyana outside of the Guyana REDD+ Investment Fund (GRIF) – the agreed mechanism for the disbursement of funds under the two countries forests’ agreement – in order to enable Guyana to meet its contractual obligations under the partnership.
The funds represent interim funding for a National System for Monitoring, Reporting and Verification (MRV) for 2011. A statement on the newly established GRIF website said that MRV activities are ongoing activities and their funding cannot be delayed