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Norway’s consumption of palm oil biodiesel saw a 70 percent drop from 2017 to 2018. “A big win for rainforests and the climate. Now the rest of Europe must follow suit”, says Rainforest Foundation Norway.
“Urgent need for improvement in Peru’s policy on forests and indigenous peoples”, leading organizations say.
1.1 million km2 of tropical forest, three times the size of Norway, have been lost in twelve years. Meanwhile, all remaining rainforest countries are planning extensive rainforest destruction in the near future. If these plans are not reversed, we may soon lose half of the Amazon rainforest.
On the one hand, Norway invests huge financial capital in Indonesia’s efforts to reduce deforestation. Simultaneously, Norway’s Government Pension Fund Global (GPFG) invests in precisely the industry sectors that constitute the greatest threats to Indonesia’s forests.