Norway issues $1bn threat to Brazil over rising Amazon destruction
by Damian Carrington Environment editor from Environment | The Guardian on (#2TN5Q)
Deforestation in the Amazon is increasing amid cuts to protection, putting Norway's financial aid in jeopardy, says minister
Norway has issued a blunt threat to Brazil that if rising deforestation in the Amazon rainforest is not reversed, its billion-dollar financial assistance will fall to zero. The leaders of the two nations meet in Oslo on Friday.
The oil-rich Scandinavian nation has provided $1.1bn to Brazil's Amazon fund since 2008, tied to reductions in the rate of deforestation in the world's greatest rainforest. The destruction of forests by timber and farming industries is a major contributor to the carbon emissions that drive climate change and Norway views protecting the Amazon as vital for the whole world.
Continue reading...