Wataha.no
Send report Radio TV Your account

Norway's subsidies to the Amazon - why withheld?

add to Favorites
Rate the article
Rate the article

Norway's subsidies to the Amazon (and not only Norway) are suspended. Some time ago, Germany made a similar decision. In practice, the Norwegian government stopped supporting the Amazon rainforest and its protection in the amount of EUR 33 million. The Amazon Forest Protection Fund was launched in 2008 and was considered the largest project to protect the Amazon rainforest. Lots of countries got involved.

How much did Norway spend on the Amazon?

The amount of donations received for this purpose so far is over PLN 3 billion, of which as much as 94 percent it came from Norway. The loan amount depends on the deforestation rate. With greater deforestation, the subsidy is smaller. Until now, it is impossible to hide that Norwegian government he took the issue of the Amazon Forest very seriously and regularly supported the Conservation Fund. So what happened?

Norway's grants to the Amazon - reasons for withholding donations

The flash point that motivated Norway to withdraw from subsidies to the Amazon was the decree of President Jair Bolsonaro, important and significant for this topic. It relates directly to changes in the Fund's supervisory committee. The said committee takes all decisions related to the allocation of the amount raised from the donation. Neither Norway nor Germany was informed about the changes. This fact sparked opposition. Both of these countries have been financing the Fund for 11 years. They should be informed about any changes, financial staff or planned modernizations.

Be sure to read: Norway and radioactive iodine on the border with Russia!

What sums did Norway contribute to the Amazon rainforest?

Norway's subsidies to the Amazon - Norway withdraws?

The Norwegian Minister for the Environment points to the fact that in the last few months, the Amazon's devastation rates have increased compared to the same period last year. The Brazilian government is doing nothing to stop deforestation. The Norwegian minister is of the opinion that the amount transferred is either wasted or not used as originally intended.

We recommend the article: Woman on the Oil Platform - OFFSHORE

Brazilian president's reaction to the cancellation of Norwegian subsidies

Norway's subsidies to the Amazon are on hold. Following this decision, President Jair Bolsonaro said the country was not a good example for Brazil. “Is this No Norway kills whales? Therefore, he is no role model for us. Let him take the money and help Angela Merkel reforest Germany”- this is how Norway's move was commented on by the Brazilian president.

Worth reading: Content control on Facebook - groups go under the magnifying glass.

Weather

loader image
Oslo, NO
6:44 a.m., May 9, 2024
temperature icon 9° C
heavily cloudy
Humidity: 93%
Pressure: 1020 mb
Wind: 3 mph
Wind Taste: 8 mph
clouds: 97%
Visibility: 0 km
Sunrise: 4:53 am
Sunset: 9:33 pm

Exchange rate

Polish zlotys

1 PLN

=

NOK

0,375

Norwegian crown

SEK

0,384

Swedish Krona

EUR

4,310

Euro

USD

3,932

United States dollar

Featured Articles

Latest articles

Norwegian Media Authority: The spread of false information affects trust in authorities and the media

Norwegian Media Authority: Spread of false information affects trust in authorities and media According to a new survey by the Norwegian Media Authority, eight out of ten Norwegians fear that…


Enterprise survey 2024: Less optimism – persistent labor shortage

Enterprise Survey 2024: Less optimism - persistent labor shortage A survey by NAV shows that employers are less optimistic about future prospects. Reduced…


Deregistering and re-registering your vehicle yourself - It's easy

Deregistering and re-registering your vehicle yourself - It's easy You can deregister and register your vehicle on your Din Side on the Statens vegvesen website. Most importantly, you can…


Visit our social networking sites