Guyana’s oil revenues are providing the fiscal space necessary to drive its energy transition while the oil industry works to implement sustainability measures in its operations. These themes were the subject of a panel discussion— Sustainable Development and Energy Access—at the 2025 Guyana Energy Conference in February, where industry experts, government officials and corporate leaders discussed the intersection of energy access, sustainability and economic development.
Managing Director of Environmental Management Consultants Shyam Nokta, reminded attendees that Guyana established its Low Carbon Development Strategy (LCDS) before oil production began. The government has since updated the document to LCDS 2030 to include the role Guyana’s newfound oil wealth can play in the country’s transition to clean energy sources such as solar, wind, biomass and natural gas.
“We are examining different energy options to meet our needs today, but also in the future,” Nokta stated. “And by and large, be able to ensure that the decisions we’re taking as a country are helping us not only meet national goals and objectives but also making a contribution to the much larger global sustainable development framework.” Click here to read more.
