WWF supports public funding of protected areas
The Organization said that the contribution is significant, as it more than doubles the existing fund that comprised US$5.3 million committed by the Government of Germany and US$3.5 million from Conservation International’s Global Conservation Fund.
The Trust Fund will support the Protected Areas of Kaieteur, the Kanuku Mountains, and Shell Beach as well as some of the urban park areas. These collectively cover some 5% of the national territory.
According to WWF, plans are also well advanced to include the Wai-Wai community conservation concession into the National Protected Area System. The completion of this process will add another 3%, bringing the total area under protection to approximately 8%.
Guyana is a signatory to the Convention on Biological Diversity, which commits the country to designating 17% of its territory as a Protected Area, and funds accruing for the Trust Fund can help meet this target.
Minister Robert Persaud this week that the proceeds to the National Protected Areas Trust Fund would come from mining revenues.