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Climate

Pará deal September 24 2024 in New York Governor Helder Barbalho - Emergent photo CROPPED.jpg

Brazilian prosecutor: carbon credit project in Pará backed by Norwegian funding is ‘illegal’

The Brazilian Federal Prosecution Service has called for the cancellation of a forest carbon credit deal in the state of Pará, involving two US-based institutions funded by Norway, arguing that it contravenes Brazilian law and violates indigenous rights. The prosecutor’s office says to Development Today that it remains confident the courts will suspend this “illegal” project. Among the potential buyers are Amazon, H&M and Walmart.

News April 09, 2026

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Brazilian Ministry of Finance pushes back against critics of Tropical Forest Forever Facility

Critics have questioned the viability of the giant tropical forest fund launched by Brazil at last year...

News February 20, 2026

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Conservatives raise concern about PM Støre’s mega-pledge to Brazilian forest fund

Conservative politician and former Norwegian Development Minister Nikolai Astrup questions the government...

News December 12, 2025

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Norway’s USD 3b pledge: Stanford economist warned about pitfalls of Brazilian forest fund

Norway, by far the largest contributor to Brazil’s flagship Tropical Forest Forever Facility (TFFF),...

News December 05, 2025

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US obstructed World Bank role in Brazil forest fund, Norway doubled down on USD 3b pledge

Days before COP30, the World Bank board rejected a request to act as Treasury Manager for Brazil’s flagship...

News November 28, 2025

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OECD considers ODA-eligibility of giant Norwegian pledge to Brazil forest fund

Norway has made the largest pledge so far – up to USD 3 billion - for the Tropical Forests Forever Facility,...

News November 13, 2025

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Brazilian lawsuit over forest carbon trading deal throws a wrench into Norwegian-funded initiative

The Brazilian Federal Prosecution Service is suing the state government of Pará, host of the upcoming...

News September 10, 2025

Tropical forest carbon markets and the Indigenous critique

This seminar, organised by Development Today and the Norwegian University for Life Sciences (NMBU), took...

News August 26, 2025

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Donor-funded forest carbon trading scheme for multinational giants has not yet produced a single sale

The LEAF carbon trading scheme initiated by Norway, the United Kingdom, and the United States aimed to...

News August 14, 2025

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The anomaly. How a cutting-edge scheme in Brasilia gives direct grants to indigenous funds

A programme managed out of the Norwegian Embassy in Brazil aims to channel 90 per cent of its support...

News June 12, 2025

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