After Lula’s win, the Amazon Fund awaits new payment from its largest patron

Several new donors, including Denmark, have in recent years joined the Amazon Fund, the Brazilian result-based mechanism designed to incentivize forest protection. Norway is still the largest donor, providing almost NOK 10 billion (USD 1.3 billion) since 2009. Lula’s presidential win guarantees continuation of the fund and Norway must now decide how much to pay for the record-low deforestation achieved by Brazil last year.