Guyana's Low Carbon Development Strategy (LCDS 2030) is one of the most ambitious in the Caribbean, targeting 70% renewable energy by 2030, net-zero deforestation, and channelling oil revenues into a sovereign green fund. Guyana has already received $750M+ from Norway under the REDD+ framework.
Total Budget (Sample)
$246880000.0M
Climate Tagged
$246880000.0M
18.4% of budget
Gender Tagged
$10500000.0M
6.2% of budget
GCF-Eligible
$144880000.0M
6 line items
High readiness — eligible for direct access accreditation
- 1Coastal flooding (90% of population lives below sea level)
- 2Extreme rainfall & inland flooding
- 3Deforestation & biodiversity loss
- 4Sea-level rise threatening Georgetown
- 5Agricultural drought in interior regions
| Sector | Target | Baseline | Deadline |
|---|---|---|---|
| Energy | 70% renewable electricity by 2030 (from 28% in 2020) | 28% renewable (2020) | 2030 |
| Forests | Maintain net-zero deforestation rate; protect 18.4M ha of forest | 18.4M ha intact forest (2020) | 2030 |
| Transport | 30% reduction in transport sector emissions vs BAU | BAU 2020 | 2030 |
| Agriculture | Climate-smart agriculture on 50,000 ha by 2030 | 12,000 ha (2020) | 2030 |
| Coastal | Rehabilitate 450 km of sea defences by 2025 | 210 km rehabilitated (2020) | 2025 |
Norway-Guyana REDD+ Agreement Phase II
$750M (2022–2030)
Hinterland Electrification — Solar Micro-Grids
$45M GCF Grant
Coastal Zone Climate Resilience Project
$30M IDB Loan + $15M GCF
Green State Development Bond
$100M Sovereign Green Bond
Women in Climate-Smart Agriculture Programme
$8.5M UNDP/GCF
| Code | Programme | Ministry | Amount (USD) | Rio Climate | Rio Gender | GCF | Status |
|---|---|---|---|---|---|---|---|
| GY-MNR-2024-001 | Low Carbon Development Strategy — Renewable Energy Transition Fund | Ministry of Natural Resources | $20,000,000 | 2 — Principal | 0 — Not Targeted | Approved | |
| GY-MPW-2024-002 | Hinterland Electrification — Solar Micro-Grid Deployment (Regions 1, 7, 8, 9) | Ministry of Public Works | $32,380,000 | 2 — Principal | 0 — Not Targeted | Approved | |
| GY-MCS-2024-003 | Sea Defence Rehabilitation — Georgetown to Berbice (Phase III) | Ministry of Coastal & Sea Defence | $45,000,000 | 2 — Principal | 0 — Not Targeted | Approved | |
| GY-MOF-2024-004 | Green State Development Bond — Infrastructure Tranche | Ministry of Finance | $100,000,000 | 1 — Significant | 0 — Not Targeted | — | Approved |
| GY-MAF-2024-005 | Women in Climate-Smart Agriculture — Smallholder Support Programme | Ministry of Agriculture, Fisheries & Food Security | $8,500,000 | 1 — Significant | 2 — Principal | Approved | |
| GY-MNR-2024-006 | REDD+ Forest Conservation & Community Forestry Programme | Ministry of Natural Resources | $15,000,000 | 2 — Principal | 0 — Not Targeted | Approved | |
| GY-MED-2024-007 | Climate Literacy & STEM Education Programme | Ministry of Education | $2,000,000 | 0 — Not Targeted | 1 — Significant | — | Pending |
| GY-MET-2024-008 | National Grid Modernisation — Smart Metering & Storage | Ministry of Energy & Telecommunications | $24,000,000 | 2 — Principal | 0 — Not Targeted | In Review |