Guyana may have struck oil, but it intends to stick to its low-carbon path, writes Valerie Marcel at Chatham House.
According to the Royal Institute for International Affairs, Guyana has a bold vision for the future: balancing transformative reserves of oil with its ecological vision.
“Guyana is a unique test case of a new, major oil producer country guided by an environmental vision. It is in this sense emblematic of our changing world. As a developing nation, it wants to use its natural resources to invest in its future prosperity, but also avoid the mistakes of carbon lock-in made by others. This vision has great potential, if Guyana can stay the course.”
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