Norway says fund to reduce Amazon deforestation in Brazil back in business

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Norway, the major donor to the Amazon Fund, said the initiative for backing forest protection had been re-activated now that Brazilian President Luiz Inacio Lula da Silva was back in office and vowing to halt deforestation.

"Brazil's new President has signaled a clear ambition to stop deforestation by 2030," Norwegian Minister of Climate and Environment Espen Barth Eide said in a statement on Monday announcing revival of the fund, which is aimed at fighting removal of vegetation in the Amazon.

In 2008 in an earlier term as president, Lula set up the fund to receive international contributions to Brazil's efforts to stop deforestation. It receives payments only after deforestation is reduced; the funds are then spent on more such initiatives.Among his first decisions after taking office for a new presidential term on Sunday, Lula signed a decree reinstating the governing board of the Amazon Fund, with broad representation from civil society and other stakeholders.

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:

 /  🏆 559. in UK
 

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

They are not interested to save the forest they wanted a part of the goldmines in the Amazonas !

During his 2 terms, it was deforestated 15 times as much as during Bolsonaro's term.

💛

Good news for the world

Deforestation across the globe but especially in the rainforests contribute more to climate change than most any other phenomena.

Lmao such bullshit

what are the real interests of this fund?

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines