The Guyana Government on Wednesday signed a US$3M agreement to rehabilitate the Cunha Canal, a key drainage mechanism on the East Bank of Demerara which has been operating significantly under capacity.
Part of the country’s Low Carbon Development Strategy’s adaptation initiatives, the grant to Guyana is being provided by the Norwegian Govern-ment under the Guyana REDD+ Investment Fund (GRIF), in partnership with the World Bank. The World Bank is one of the agencies designated to disburse project funds under the Norway pact.
The proposal for funding the Cunha Canal work had