Norway urges its companies in Brazil to safeguard the Amazon

  • 📰 Reuters
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Norway, until recently the main donor to a fund to curb Amazonian deforestation,...

OSLO - Norway, until recently the main donor to a fund to curb Amazonian deforestation, on Tuesday called on Norwegian companies active in Brazil to ensure they do not contribute to the destruction of the rainforest.

“They must be conscious about their supply chains and ensure that they do not help contribute to deforestation,” Elvestuen told reporters after the meeting, called on Monday in response to the blazes afflicting the vast Amazon region.Tuesday’s meeting was also attended by pension fund KLP and environmental non-governmental organisations to discuss the issue and what could be done to solve it.

Norway has worked closely with Brazil to protect the Amazon rainforest for more than a decade, and has paid some $1.2 billion into the Amazon Fund, to which it is by far the biggest donor. The oil firm later said it was important that the rainforest is protected and that it was not engaged in activity there, but was limited to offshore oil exploration and a solar farm.

The company said it was working on reducing its climate and environmental footprint throughout its business and supported efforts to reduce Amazon deforestation with, for instance, research collaboration between universities in Oslo and in Para state. Yara, which makes fertilisers in Brazil and supplies Brazilian farmers with products, said that it was “very important to safeguard the rainforest”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good!!!! Stop polluting our rivers in Brazil. Bye bye.

Still don't know it's all hyped up to stop the Mercosur trade deal? Suckers.

hahah

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines