GGGI supports Guyana in developing a National MRV System

Guyana – The Global Green Growth Institute (GGGI), an international, intergovernmental organization, is working closely with the Government of Guyana and project partners to promote sustainable and low carbon development. On April 28th, 2022, a stakeholder briefing for the Green Climate Fund (GCF) Readiness Project: “Development of Guyana’s National Climate Finance Strategy, MRV System and Project Pipeline to Support NDC Implementation” was conducted. It was attended by 38 participants representing a broad stakeholder group that included senior government officials and heads of departments. This Readiness project will be implemented over 24 months and intends to increase Guyana’s capacity to strategically manage climate finance flows and achieve the revised National Determined Contribution (NDC) targets by:

  1. improving the National Greenhouse Gas (GHGs) measurement, reporting and verification (MRV) system under the enhanced transparency framework of the Paris Agreement. This aims to increase the capacity and coordination between ministries and agencies to gather activity data and emission factors and achieve and track NDC targets in line with the National Climate Change Policy implementation, focused on the Energy and Agriculture sectors following the IPCC 2006 Guidelines.
  2. developing a project pipeline for projects in the Energy, Agriculture and Water sectors that focus on mitigation and adaptation. The pipeline of project ideas will inform the preparation of investment plans, pre-feasibility analysis on selected projects, and the eventual preparation of GCF concept notes for selected projects/programs to meet Guyana’s revised NDC targets.

GGGI believes the Government of Guyana is taking a robust and practical approach to meeting its climate change goals through these activities and is pleased to be a supporting partner to assist the country in transitioning to an environmentally sustainable and climate-resilient nation. Following this brief, a combination of data gathering and feedback will be done through various communication means, including but not limited to: focus group discussions, one-on-one meetings, workshops, etc.

Please see the link to access the recording of the presentation.

Click here to learn more about the project.