Guyana has once again cemented its place at the forefront of global climate action, with the Government announcing the issuance of 9,085,923 high-integrity TREES carbon credits for the year 2023 by the Architecture for REDD+ Transactions (ART). Notably, the credits have been labelled CORSIA-Eligible, underscoring their compliance with some of the world’s most rigorous environmental and transparency standards.
This marks the third consecutive year since 2021 that Guyana has secured ART TREES issuances—an achievement that highlights the country’s sustained leadership in sustainable forest management, jurisdictional-scale carbon markets, and low-carbon development.
According to the Government, the issuance reflects years of consistent investment and policy commitment, backed by robust national monitoring systems and the active stewardship of forest-dependent communities. Together, these efforts have delivered verifiable emissions reductions while keeping Guyana’s vast forest cover intact.
“This issuance is both a validation of Guyana’s long-term vision and a signal of confidence to global markets,” the Government said. “It demonstrates that countries and communities can benefit from making forests worth more alive than dead—by valuing sustainable forest management.”
Guyana’s forests cover more than 85 per cent of the country’s landmass, making them one of the largest intact tropical forest systems in the world. Under the Low Carbon Development Strategy (LCDS)—first launched in 2009—the country has steadily strengthened forest governance, invested in national Measurement, Reporting and Verification (MRV) systems, advanced Indigenous land titling, and established benefit-sharing mechanisms to ensure forest communities directly receive climate finance.
The 2023-vintage TREES credits build on earlier issuances and reflect the continued maturation of these systems over time.
The CORSIA label—linked to the Carbon Offsetting and Reduction Scheme for International Aviation—confirms that Guyana’s credits meet strict eligibility requirements for use by international airlines and other compliance-oriented buyers. This designation places Guyana’s credits among the most rigorously assessed and credible forest-based emissions reductions available globally.
For international carbon markets, the issuance sends a strong signal that jurisdictional REDD+ can deliver large-scale, high-integrity climate results when anchored in national policies, transparent data, and strong safeguards. It also demonstrates that climate finance can protect biodiversity while supporting livelihoods and Indigenous rights.
At home, the credits strengthen Guyana’s ability to mobilise results-based climate finance to support national priorities, including climate-resilient infrastructure, Indigenous community development, forest conservation, and biodiversity protection.
As global demand grows for credible and equitable climate solutions, Guyana continues to position itself as a leader—showing how forest-rich countries can translate conservation into tangible benefits for people and planet alike.
The Government reaffirmed its commitment to advancing high-integrity carbon markets, strengthening environmental and social safeguards, and working closely with international partners to ensure forest conservation contributes meaningfully to the global fight against climate change while delivering real value for the Guyanese people.
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