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Offsetting on a grand scale [Offsets
Posted on September 9, 2008 @ 08:00:00 AM by Paul Meagher

In the Sept 8, 2008 BBC article, "Why the West should put money in the trees", Guyana's President Bharrat Jagdeo has begun to outline a very large offset offer:

This is why in 2006, I suggested that the UK and Guyana could work together to identify bold rainforest solutions that could be used as models for the world.

For our part, we are willing to place almost our entire rainforest - which is larger than England - under internationally verified supervision if the right economic incentives are created.

This does not mean sacrificing sovereignty over our forest or restricting the development aspirations of our people. It simply means allowing globally recognised supervision to verify that activities within the forest are sustainable.

Guyana's President Bharrat Jagdeo will add further detail to this offer at the United Nations Climate Change Conference in Poznań, Poland running from Dec 1 to 11, 2008. I'm looking forward to seeing what Guyana comes up with.

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