The leader of Guyana said at the UN's COP26 climate summit in Glasgow on Tuesday the South American nation, also its newest oil producer, advocates the abolition of global hydrocarbon subsidies.

“Though we recently became an oil producer, we support the removal of subsidies from fossil fuel production and advocate a strong global carbon price,” Guyana President Mohamed Irfaan Ali said as he delivered his country's national statement during on the second day of the conference.