Norway-backed fund to protect Amazon to restart early 2023 - Norwegian minister
A Norway-backed fund to protect Brazil's Amazon rainforest will restart "very soon after the 1st of January", Norway's environment minister Espen Barth Eide told Reuters on Thursday. The so-called Amazon Fund, which contains $542 million for rainforest protection, had been frozen by current president Jair Bolsonaro. Eide said it was expected to resume soon after Luiz Inácio Lula da Silva assumes the Brazilian presidency.
A Norway-backed fund to protect Brazil's Amazon rainforest will restart "very soon after the 1st of January", Norway's environment minister Espen Barth Eide told Reuters on Thursday.
The so-called Amazon Fund, which contains $542 million for rainforest protection, had been frozen by current president Jair Bolsonaro. Eide said it was expected to resume soon after Luiz Inácio Lula da Silva assumes the Brazilian presidency. Eide met with Lula earlier on Thursday.
Norway is the largest contributor to the fund.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Brazilian
- Norway
- Luiz Inácio Lula da Silva
- Lula
- Amazon
- Jair Bolsonaro
- Brazil
ALSO READ
Norway's Wealth Fund Stands Firm in U.S. Markets
Norway's Financial Strategy: A Steadfast Commitment
Norway Declines Trump's 'Board of Peace' Initiative
Lula Dominates in Brazilian Election Polls as Flavio Gains Momentum
TEXT-The exchange of messages between Norway's prime minister and President Trump

