Projects in Guyana, Suriname and for the Dutch Overseas Countries and Territories
11/05/2016 - 17:47
Guyana's economy depends on commodity exports such as gold, diamonds and bauxite, sugar, rice, fish and other non-traditional agricultural products. The economy is vulnerable to fluctuations in both levels of sugar production and commodity prices. Environmental management is one of Guyana's key priorities. The impact of climate change is already being felt. Rising sea levels affect coastal areas where most of the economic activity takes place.
The indicative programming for the 11th European Development Fund (EDF) foresees €34 million to continue supporting Guyana's climate change adaptation capacity through strengthening key infrastructures for sea defences, flood prevention, while ensuring adequate river and coastal management, with benefits to the population and economic activity in low-lying parts of the coastal regions.