Blogs & Ecology

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In an effort to raise money to prevent deforestation and preserve remaining areas of the Amazon rainforest, Brazil has announced that it has established an international fund for forest protection. Brazilian president Luiz Inacio Lula da Silva has signed a decree establishing The Amazon Fund, which will be able to receive up to US$21 billion over the next 13 years. Donations in the first year will be capped at $1 billion.

Norway the First Nation to Donate
On announcement, the fund is already a tenth of the way towards that first year cap. Norway has pledged to donate $100 million in September. Any money ...