Press Release – The Low Carbon Development Strategy 2030 – Guyana Up For Sale

Release Date: February 18, 2023


The document criticizes Guyana’s Low Carbon Development Strategy (LCDS) 2030 for prioritizing financial gains over genuine carbon emission reductions. It argues that the LCDS allows fossil fuel companies to buy carbon credits as a way to avoid cutting emissions, which undermines the core purpose of low-carbon strategies. The text also raises concerns about the impact of this approach on indigenous communities and questions the government’s authority to commercialize natural assets. It calls for transparency and legal justification for the LCDS initiatives and their alignment with the country’s commitments to climate change mitigation.

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