This Monday (11), the United Kingdom and Norway announced a joint R$450 million increase in their contribution to the Amazon Fund, aimed at protecting forests. Norway plans to donate another US$50 million (about R$245 million), while the United Kingdom will set aside 35 million pounds (R$215 million). The announcements were made during COP-28, the UN Climate Change Conference held in Dubai, United Arab Emirates until December 12.
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During a panel celebrating the 15th anniversary of the Amazon Fund, Norwegian Climate Minister Andreas Bjelland Eriksen announced the increase in contributions, along with Brazilian Minister of Environment and Climate Change Marina Silva.
“The Amazon Fund is an essential tool for protecting the Amazon and fighting climate change,” Erickson said. “We are delighted to be able to contribute to their efforts.”
A major donor to the Amazon Fund, Norway already announced transfers last year after the election of President Luiz Inácio Lula da Silva (PT). Since 2018, when Jair Bolsonaro was elected, Norway has stopped donating.
Following allegations of irregularities and removal of the Amazon Financial Guidance Committee (COFA) and its Technical Committee (CTFA), Amazon Funding was suspended between 2019 and 2022. New donations to the mechanism also stalled during that period.
With the new announcements, the Amazon Fund now has resources totaling R$1.1 billion for forest conservation activities.
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