Daily Archives: Friday, 2 December 2022, 20:11

Amerindian communities to draw down funds from landmark forest carbon deal

Last Updated on Friday, 2 December 2022, 20:11 by Denis Chabrol Hess C0rporation, one of the co-venturers in the prolific Stabroek Block, on Friday inked deal with government to buy US$750 million in carbon credits from Guyana, which would see Indigenous Indian communities getting a portion of the funds, officials said. Vice President Bharrat Jagdeo announced that from US$28 million ...

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Govt, Hess sign US$750 million carbon credit deal

Last Updated on Friday, 2 December 2022, 11:19 by Denis Chabrol Hess Corporation and the Government of Guyana on Friday announced an agreement for Hess to purchase high quality carbon credits for a minimum of US$750 million between 2022 and 2032 directly from the Government of Guyana. The company says this agreement will serve to support Guyana’s efforts to protect ...

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Guyana signs carbon credits deal today

Last Updated on Friday, 2 December 2022, 6:12 by Denis Chabrol Guyana will sign its first sale agreement on carbon credits on Friday, December 2. President Dr Mohamed Irfaan Ali will witness the signing at the Baridi Benab, State House. Speaking at the Guyana Oil and Gas Energy Chamber’s Annual Awards and Induction Ceremonial Dinner on Wednesday, Vice President Dr ...

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