Climate

Norway finally releases climate forest payment earned by Guyana a decade ago

A solar power project in Guyana will be financed with Norwegian climate forest money, the Norwegian Climate Ministry announced this week, after years of delay. Guyana “earned” the NOK 600 million in project...

News June 24, 2022

Norway and UK fund ‘price guarantee’ to jump-start market for forest carbon credits

Norway and the United Kingdom plan to use USD 450 million in aid funds to jump-start the LEAF forest...

News June 20, 2022

Brazil’s Amazon Fund: the origin story

Nervous but hopeful, the visionary Brazilian forester Tasso Azevedo travelled to the Bali climate summit...

News May 03, 2022

Calls for an independent commission to investigate Norway’s gigantic rainforest initiative

The NOK 60 billion rainforest initiative, the largest aid programme in Norwegian history, has run into...

News April 08, 2022

Ford Foundation challenges bilateral donors to give more climate funds directly to indigenous peoples

Following a historic donor pledge at the COP26 in Glasgow, the Ford Foundation calls on traditional donors...

News November 30, 2021

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No reference to REDD+ in historic forest finance pledges at COP26

At the Glasgow climate summit, there was a dramatic shift in forest discourse. REDD+, the idea that rich...

News November 18, 2021

Finnfund claims to be carbon negative, Norfund has no climate tally

Nordic development finance institutions differ wildly in the reporting of the climate impacts of their...

Business October 08, 2021

Norad’s test balloon: separate funding for global public goods from aid

No donor spends more of its aid on global public goods – like climate, oceans and vaccine development...

News September 29, 2021

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Indonesia’s sudden exit from 12-year climate deal: a ‘significant blow’ to Norwegian rainforest initiative

Citing Norway’s failure to fulfil its payment obligations, the Indonesian government announced last week...

News September 15, 2021

Scatec Upington power plant in South Africa Photo Scatec.jpg

Norway’s hybrid financing model for a new NOK 10b climate fund

Norway has adopted a hybrid financing model for a new NOK 10 billion renewable energy fund for emerging...

Business July 08, 2021

Climate

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