Norway rewards Brazil’s reduced deforestation with new payment

In Doha today, Norway’s minister of the Environment announced that Norway will contribute an additional USD 180 million (NOK 1 billion) to the Amazon Fund, based on Brazil’s impressive reductions in deforestation in 2011

Deforestation in the Brazilian Amazon fell to 6.418 square kilometres in 2011 (July 2010 to June 2011), a reduction of close to 70 per cent from historical levels. This was the third year in a row of record-low deforestation rates.

“Brazil’s reduced deforestation in 2011 represents a giant contribution to the global community in terms of reduced greenhouse gas emissions,” Norway’s Minister of the Environment, Bård Vegar Solhjell said.

“In addition, these efforts have tremendous positive effects for biodiversity, the livelihoods of local communities and indigenous peoples, and local and global rainfall patterns. The importance of what Brazil has achieved on deforestation over the last few years can hardly be overestimated”, he added.

Preliminary numbers from Brazil indicate that deforestation continued to decrease in 2012, falling by 27% from 2011 to 2012. Norway’s total contribution to the Amazon fund now totals USD 670 million (NOK 3,55 billion). The total pledge from Norway is USD 1 billion in the years until 2015.

“Brazil has been drastically reducing its deforestation rates, and in 2012 reached the lowest rate of the last 24 years - an estimated 4,656 square kilometers. This effort has been recognized by Norway through the donation of resources to the Amazon fund, which, in complement to goverment investments, will help the sustained reduction of deforestation in the Amazon,” Brazil’s Minister of the Environment, Izabella Teixeira said.

The Minister’s made these remarks as they met in Doha, where both are attending the 18th Conference of the Parties of the United Nation’s Framework Convention on Climate Change.

 

Related news

Latest news

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project. 

New 55'' Ultra High Definition Chart and Planning table passes Type Approval testing

Most advanced maritime display system ever produced, the 55'' Ultra High Definition Chart & Planning table, enables Integrated Bridge System manufacturers to develop new multi-data solutions.

Norsafe's experience in the Polar Code Pays Off

In readiness for the introduction of the Polar code, Norsafe has become the first LSA supplier to have executed full scale tests and trials 

Øglænd System Group winner of Business of the Year Award

Øglænd System Group won the Business of the Year Award in the Stavanger-region 2016.