Arnfinno Oines: The Norwegian government pays USD 167 million to Brazil as payment for sharp reduction in deforestation in the Amazon in 2011. The money put into the Amazon Fund, which funds projects to reduce deforestation further. Norway promised Brazil in 2008 up to USD 1 billion by 2015 if the country gets stopped the extreme deforestation of the rainforest. The money is paid annually after the fixed reduction has taken place. Overall, Norway has now paid USD 600 million to Brazil. Soon reached the...
URL: http://arnfinno.wordpress.com/2012/12/16/norway-pays-usd-167m-to-brazil-to-stop-deforestation/?goback=%2Egde_2661319_member_198058979
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