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Rainforest aid

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New donors to Brazil’s Amazon Fund face financing bottlenecks

Five new donors - the US, the EU, Switzerland, the UK, and Denmark - that have pledged support to Brazil’s Amazon Fund face bottlenecks. The 15-year-old fund has been slow to disburse money and hundreds of millions of dollars remain unspent. Experts call for a new type of financing window to speed up funding of urgent forest protection measures in Brazil.

News September 13, 2023

Indigenous group challenges grievance mechanism of new forest carbon standard

The grievance mechanism of the Norwegian-funded forest carbon standard ART is being tested for the first...

News July 06, 2023

Norwegian result-based climate aid earned by Guyana a decade ago is about to be put to work

The Inter-American Development Bank confirms to Development Today that the first disbursement to the...

News June 06, 2023

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Norwegian-supported actors spar over historic forest carbon credit deal in Guyana

The lucrative sale of 33 million tonnes worth of carbon credits by Guyana last December, heralded as...

News May 04, 2023

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Carbon certifier says key indigenous complaints were not on the table when credits were issued to Guyana last year

The historic issuance of ART forest carbon credits, sold by Guyana last year for USD 750 million, is...

News March 30, 2023

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Indigenous alliance pulls out of negotiations over ‘flawed’ forest carbon credit standard

An alliance of indigenous groups in Central America has walked out of negotiations over a Norwegian-funded...

News March 08, 2023

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Equinor eyes forest carbon credits facilitated by Norway’s rainforest scheme

The Norwegian Climate Ministry has used aid financing to build up a new architecture for the certification...

News February 02, 2023

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Brazil seeks more donor funding for Amazon Fund to fight deforestation

Brazil welcomes the unfreezing of more than NOK 6 billion in “old” Norwegian aid sitting in the Amazon...

News January 16, 2023

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Indigenous groups in Guyana raise alarm over historic issuance of carbon credits by Norwegian-funded certifier

The government of Guyana has been issued 33 million tonnes worth of forest carbon credits by ART, a certifier...

News December 23, 2022

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The ‘hollow’ promise of loss and damage

In the absence of concrete financial commitments, the loss and damage fund agreed at the COP27 climate...

News November 30, 2022

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