Norwegian U-turn on authorisation of loan for Brazil’s tropical forest fund

News June 10, 2026 / By: Bjørn H Amland

The Norwegian government has backed down in its current effort to seek parliamentary authorisation for a NOK 30 billion (USD 3 billion) loan for Brazil’s Tropical Forest Forever Facility (TFFF). In a letter to the Conservative Party’s parliamentary group, the government promises a new round in Parliament before a legally binding agreement can be considered. All opposition parties opposed the loan, marking a crack in the 18-year political alliance behind Norway’s rainforest initiative. [Updated]

Støre Lula .jpg — Norwegian Prime Minister Jonas Gahr Støre (left) pledged NOK 30 billion to the Tropical Forest Forever Facility at COP30 in Belém last year. Here, with Brazilian President Luiz Inacio Lula da Silva. (Photo: Ricardo Stuckert)

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