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Commonwealth warns oil boom is putting US$43.5B in assets at flood risk

Verified: 2 outlets have reported this story since Nov 8.

📍 Georgetown, Guyana, GY·🕐 8h ago·2 outlets

…says Guyana yet to adapt governance, finance arrangements adequate enough to deal with threats (Kaieteur News) – The Commonwealth has urged Guyana to set aside a portion of its national revenues to finance long-term coastal resilience, warning that the country’s oil-driven economic boom is placing billions of dollars in assets within an increasingly vulnerable coastal zone.…

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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corroborationconfirmed80%

Also reported by riotimesonline.com (found in GDELT's list of news articles)

54m ago
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Reliability
80%

Very high · How we score this

Risk Score
medium risk