NORWAY, GERMANY SUSPEND AMAZON FUNDING IN DISPUTE WITH BRAZIL

08/19/2019

Norway and Germany have suspended their funding to the Amazon Fund, criticizing President Jair Bolsonaro’s environmental policies. Ola Elvestuen, Norway´s environment minister, stated that Brazil broke an agreement with Norway and Germany by eliminating the board and the technical committee of the Fund with no plans for replacement. Created in 2008, the Amazon Fund finances projects to protect the Amazon rain forest. Norway is the largest contributor to the Fund, donating $1.2 billion to date, followed by Germany at $68 million. For the full story, see https://www.apnews.com/1f70a5c7b0db4dfd9137f0a518b77740 and https://www.reuters.com/article/us-brazil-environment-norway/norway-sto….