Blog IICA

The Guyana Forestry Revolving Fund

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Description

The Guyana Forestry Revolving Fund is a financial mechanism established to support and promote sustainable development of the forestry sector in the country. This fund provides accessible financing for forest producers, processors, and marketers, with special emphasis on small and medium enterprises in the sector. It facilitates access to capital to improve technical capabilities, adopt sustainable practices, and enhance value addition in forest products. It functions as a revolving financial instrument where repayments from previous loans are used to finance new projects, thus ensuring the sustainability of the mechanism over time. It is administered by the Forest Products Development and Marketing Council (FPDMC) of Guyana.

Action scope

National

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