Vice President of Guyana Bharatt Jagdeo
Vice President of Guyana Bharatt Jagdeo says the government will address climate financing and forest incentives at the national level.
Mr. Jagdeo has expressed disappointment that the Conference of Parties, COP28 held in Dubai, United Arab Emirates failed to address critical environmental concerns.
During a press conference, Mr. Jagdeo, in referencing Article Six of the Paris Agreement, which deals with a compliant carbon market, expressed disappointment with the lack of decisive action on the issue.
According to Mr. Jagdeo, the failure to gain traction at the summit poses a setback that prevents countries from benefiting financially from preserving their forests.
He noted that the government will do its part to implement a framework aimed at paving the way for incentives for adaptation and climate financing.
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