“Guyana has embarked on one of the world’s most ambitious low carbon development strategies. We are maintaining 99.5% of our forest in a way that aligns economic growth and socially inclusive development with action on climate change and environmental excellence. But far more than that – by 2016, we will also virtually eliminate our energy-related greenhouse gas emissions through a combination of solar power in every indigenous and forest-dependent home, and the Amaila Falls Hydro-Electricity plant.”
H.E. Mr. Donald Ramotar,
Former President of the Cooperative Republic of Guyana
In 2010, implementation of the LCDS commenced, and Guyana is likely to receive between US350 million and US500 million in payments for the climate services provided by its forest between 2010 and 2015. This is underpinned by an agreement with the Government of Norway which will pay for up to US250 million of these services, and is the largest national-scale forest climate services agreement of its kind in the world. The payments are being managed through the Guyana REDD Investment Fund (GRIF), with the goal of catalyzing private investment to create a “low deforestation, low carbon, climate resilient economy”. GRIF will enable Guyana to:
The Government is offering long-term leases (up to 99 years) on over 200,000 hectares of land with abundant fresh water for large-scale agro-industrial investment and development.
The Government seeks Expressions of Interest from investors interested in these valuable opportunities, and also from those who are interested in entering Public-Private Partnerships for infrastructure up-grades—roads, power, ports—to support private investment in vertically- and/or horizontally-integrated large-scale agro-industrial projects.
Land blocks of over 5,000 hectares each are available, and ideally suited for export of:
These land blocks are on non-forested land, and their development is an important component of Guyana’s Low Carbon Development Strategy, which seeks to open up employment and economic opportunities which do not put pressure on Guyana’s 16 million hectare forest.
A 2008 independent fact-based study by McKinsey & Co. estimated that annual export values from agricultural sector development of new crops and products in Guyana could reach the following values:
? Aquaculture – US350-450 million
? Fruits and vegetables – US 250-350 million
? Forestry – US200-300 million
? Bio-Ethanol - US500 – 600 million
Large-scale investors and developers in production or infrastructure who are interested in opportunities in the Intermediate Savannahs or Canje Basin - or any other large-scale Low Carbon Development Strategy opportunities, should contact firstname.lastname@example.org
200,000 HECTARES OF VALUABLE LAND
Land is available in:
Intermediate Savannahs (120,000 hectares available for lease) in north-east Guyana. This area is comparable to Brazil’s Cerrado Region but with more water, and closer to the Atlantic coast and export markets. Its open land requires liming and fertilization and is well-suited for at-scale production of crops as listed and fish farming. Corn and soy are also now in commercial production for seeds. Roads can be up-graded or built to connect the area to the international airport by truck in less than six hours for export of fresh and perishable produce. The Berbice River bi-sects the Intermediate Savannahs and is navigable to the Atlantic Coast by ocean-going ships for export of products and imports of equipment and inputs.
Canje Basin and Corentyne area (80,000 hectares available for lease) adjacent to the Intermediate Savannahs closer to the Corentyne River. Its rich soil is ideal for large-scale coconut growing as well as for expanding current sugar production.
Development requires draining swamps.
Competitive Advantages of investing in these areas include: