{"id":15432,"date":"2024-01-11T15:37:56","date_gmt":"2024-01-11T15:37:56","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=15432"},"modified":"2024-01-11T15:37:57","modified_gmt":"2024-01-11T15:37:57","slug":"carbon-credit-funds-transforming-indigenous-communities","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/carbon-credit-funds-transforming-indigenous-communities\/","title":{"rendered":"Carbon Credit Funds Transforming Indigenous Communities"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>Amerindian communities in Guyana have utilized over three billion dollars from carbon credit funds, according to an update from Amerindian Affairs Minister Pauline Sukhai. <\/p>\n\n\n\n<p>The funds, generated from the sale of carbon credits, are making a significant impact on the transformation of Indigenous communities. <\/p>\n\n\n\n<p>In 2022, 232 Amerindian communities utilized 3.6 billion dollars from carbon credit funds, and for 2023, 4.7 billion dollars were disbursed to the bank accounts of 242 communities.<\/p>\n\n\n\n<p>Minister Sukhai mentioned that there are 11 villages that have not yet accessed the funds, attributing the delay to other financial support projects they are working on. <\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/01\/Josiah-Credit-Funds-1.mp3\"><\/audio><\/figure>\n\n\n\n<p>The minister emphasized that Amerindian villages have the flexibility to use the funds as they see fit for the development of their community and at their own pace.<\/p>\n\n\n\n<p>Sukhai highlighted the accountability measures in place, stating that there have been no cases requiring intervention from her ministry due to mismanagement of the funds. <\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/01\/Josiah-Credit-Funds-2.mp3\"><\/audio><\/figure>\n\n\n\n<p>Villages have independent oversight committees at the village level, where elected villagers form committees to examine the transactions conducted by the village council.<\/p>\n\n\n\n<p>Guyana is poised to earn 750 million US dollars from its initial sale of carbon credits to Hess Corporation, with 15% of the revenues designated for village-led plans benefiting indigenous communities.<\/p>\n\n\n\n<p>The commitment to transparency and community-driven development through carbon credit funds showcases the positive impact on Indigenous communities in Guyana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amerindian communities in Guyana have utilized over three billion dollars from carbon credit funds, according to an update from Amerindian Affairs Minister Pauline Sukhai. The funds, generated from the sale&hellip;<\/p>\n","protected":false},"author":4,"featured_media":15412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[365,366,350,367],"tags":[],"class_list":["post-15432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-human-development","category-local-development","category-news","category-one-guyana"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=15432"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15432\/revisions"}],"predecessor-version":[{"id":15436,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15432\/revisions\/15436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/15412"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=15432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=15432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=15432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}