Press Release – Elections Provide Opportunity for Public Debate on Oil and Gas

Release Date: January 26, 2019

This press release discusses concerns about the recently adopted Natural Resources Fund Act. Policy Forum Guyana (PFG) criticizes the lack of formal consultation and the exclusion of the parliamentary opposition during the Act’s passage, which outlines the use of oil and gas revenues. They highlight deficiencies in the Act, such as the exclusion of non-experts from decision-making and the absence of a shared vision for a ‘green’ transformation in Guyana. PFG advocates for principles like public trust, inter-generational justice, and sustainable development, urging for a re-framing of the oil and gas debate to ensure inclusive management and respect for natural resources. They call for public debate and policy commitments from political parties during elections, emphasizing the need for a collective approach to managing oil and gas resources.

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