Key stakeholders involved in the Inter-American Development Bank (IDB) project ‘Biodiversity Mainstreaming through Avoided Deforestation’ were yesterday updated on the activities to be undertaken under the project, which will soon be implemented in Guyana.The US$150,000 case study project which is being funded by the IDB focuses mainly on Guyana’s forest.At a forum held at the Guyana Forestry Commission, Chairman of the National Climate Change Unit, Shyam Nokta, said that during the course of the project,Discount Football Jerseys, an assessment would be done on forest carbon stock and on historical greenhouse gas emissions from land use change and forest degradation.The project will also focus on estimating deforestation, forest degradation and estimation of green house gas emissions from reference scenarios in Guyana, while there will also be an examination of forest carbon from the Lethem to Georgetown corridor.It was also noted that there will be a review of the institutional and policy enabling environment for Reducing Emissions from Deforestation and ForestDegradation (REDD) in Guyana, while there will be an analysis of financial flows from REDD activities in Guyana.Nokta said that the technical corporation project,Cheap Nike NFL Jerseys, which will run for the next six months, will also focus on the issue of measurement and methodology in the forest,Cheap Jerseys Supply, and will be done in collaboration with the Government and Conservation International.Minister of Agriculture Robert Persaud,Jerseys China Wholesale, who also holds the responsibility for forestry, noted that Guyana has a deliberate policy of sustainable management of its natural resource.He explained that the international community has publicly recognised Guyana as having some of the best conserved and best utilised forests in both the Guiana Shield,Wholesale NFL Jerseys, as well as in the Amazon Region.Guyana’s justified calls for market-based compensation mechanisms to reward its avoided deforestation and sustainable management policies have been met with resistance.To compound this is the fact that these interventions will have to be national in scope to be of any verifiable and credible nature.Every year the forest area that can be harvested is just about 160,000 hectares, which can produce 1.2 million cubic meters of logs. However, currently, Guyana is only utilizing 500,000 cubic meters.“Whilst Guyana is grateful to the FCPF for committing the sum of US$3.6 M to fund the preparation of a Readiness Plan (R-Plan), and implementation of same,Cheap Jerseys Online, those of you who are familiar with the requirements of the R-Plan preparation would recognise that the complex methodologies and procedures to be followed, and the volume of data required to carry out the necessary analyses.”Government is currently collaborating with multiplestakeholders to prepare Guyana’s Readiness Plan.“It is the clear expectation of the Government that this collaborative effort will be through a transparent partnership which will enable capacity building of Guyanese, transfer of technology and theestablishment of accurate and useful data sets which will feed in to the overall Readiness Plan of Guyana,” Persaud said.