The local content has raked in some US $700 million in businesses, which essentially translated into many job opportunities and a major spill-off effect in several other sectors. This is according to the Director of the Local Content Secretariat, Dr Martin Pertab who was speaking at the International Energy Conference on Wednesday. “Based on the […]
– Money being transferred in coming days – Villages will determine their own investment priorities Guyana’s Low Carbon Development Strategy (LCDS) 2030 made another major step-forward today, when the process to transfer revenues from carbon credits sales to indigenous villages and local communities began. A total of GYD 4.725 Billion dollars will be transferred to […]
Executive Director of the Environmental Protection Agency (EPA), Kemraj Parsram has stressed the importance of companies managing their environmental, social and governance (ESG) risks. Parsram made this point during a panel discussion at the International Energy Conference and Expo at the Guyana Marriott Hotel in Kingston, Georgetown on Wednesday. While addressing recent media reports regarding […]
– Communities to receive up to $35 million, and no less than $10 million – Strict mechanisms in place to ensure accountability, transparency Commencing next week, 240 Amerindian and hinterland communities across Guyana will begin receiving monies earned from the sale of Guyana’s carbon credits. This follows the historic agreement signed with Hess Corporation for […]
The Ministry of Labour and the Guyana Manufacturing and Services Association (GMSA) teamed up to host a seminar on the conditions of work, occupational safety and health requirements, apprenticeship, and employment exchange services. The seminar was hosted at the Regency Suites Hotel, Brickdam, Georgetown on Wednesday. It is part of a collaborative effort to provide […]
Canada/Guyana Chamber of Commerce (CGCC) signed a Memorandum of Understanding with Energy NL, which will serve as a platform to better engage business interests between the energy company and the wider Guyanese business community. The signing took place on the sidelines of the country’s second International Energy Conference and Expo on Tuesday at the Marriott […]
In excess of $400 million has been set aside to provide compensation for persons living along the path where the gas-to-energy project will be constructed. Head of Guyana’s Gas-to-Energy Taskforce, Winston Brassington, made the disclosure during day two of the International Energy Conference and Expo, at the Marriott Hotel on Wednesday. He said some 75 […]
As global demand for sustainably sourced products grows, the need to move beyond exporting raw materials and make the shift towards value-added products has become increasingly urgent. Similarly, as Guyana continues to develop, maintaining upward mobility on a number of value chains across a range of sectors, Natural Resources Minister, Vickram Bharrat said investing in […]
Over the next two days, senior officers within the Ministry of Education will be engaged in an Endorsement workshop for the implementation of the System Capacity Grant (SCG) Guyana Partnership Compact. Guyana was granted the System Capacity Grant from the Global Partnership for Education (GPE) which is aimed at strengthening gender-responsive planning and policy development […]
Following the devastating 7.8 magnitude earthquake which struck Türkiye and neighbouring Syria on February 6, 2023, resulting in thousands of fatalities, injuries to civilians and destruction to infrastructure, H.E. President Dr Mohamed Irfaan Ali immediately wrote to the Presidents of both countries, conveying solidarity and support on behalf of the Government and people of Guyana. […]