Turn to the nation's most objective and informative daily environmental news resource to learn how the United States and key players around the world are responding to the environmental...
By Michael Kepp
Norway, which has donated more than $1 billion in the past decade to the Amazon Fund to fight deforestation, will significantly scale back its contribution this year, arguing that Brazil’s commitment to environmental protection “might be in retreat.”
Norway will contribute a maximum of $35 million in 2017—only about one-third of its yearly average—because of a spike in Brazilian Amazon deforestation rates, Norway’s Ministry of Climate and Environment said in a June 23 statement.
Norway contributed $80 million to the fund last year, and has averaged $110 million a year since 2008, providing virtually the entirety of the fund’s money since it was established.
“The much higher reduction in Norway’s Amazon Fund payments in 2017, compared to 2016, will be due to a limitation on total donations,” Per Fredrik Ilsaas Pharo, special envoy to Norway’s International Climate and Forest Initiatives, told Bloomberg BNA June 23. “That limitation is due to an increase in Brazilian Amazon deforestation for the 2015- 2016 period and the fact that the reference level for performance-based payments was downwardly revised in 2016, as set by Amazon Fund rules.”
Preliminary figures announced last November showed an estimated 29 percent increase in Brazilian Amazon deforestation for the year ending July 31, 2016. Norway will announce the exact donation amount once official deforestation rates are confirmed.
The 2016 figures follow a 24 percent deforestation spike the previous year. It marks the first time in 13 years that the rate increased in consecutive years.
The drop in Norway’s Amazon Fund payments in 2017 “should not in any way be understood as a weakening of our commitments and if deforestation is brought back down, our payments will go back up,” the ministry statement said.
Since the fund was set up in 2008, Norway donated $1.1 billion of the $1.135 billion in the fund to reduce deforestation, advance forest conservation, reforest degraded areas and promote sustainable development. Germany has contributed $28 million.On June 19, Norwegian Climate and Environment Minister Vidar Helgesen wrote Brazil’s Environment Minister Jose Sarney Filho warning that funding could be cut.
“Rising deforestation and other ... developments gives cause for serious concern that deforestation will rise further and that the vision of Brazil as a country that leads the world in forest protection might be in retreat,” Helgesen wrote. “It raises the real possibility that Norway’s and Germany’s very significant contributions to Brazil’s sustainability efforts over the last decade, well over $1 billion, may have only had a time-limited positive impact.”
The statement from Norway's Ministry of Climate and Environment is available at http://bit.ly/2tWRJAc.
Copyright © 2017 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)