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Norway Launches Fund to Halt Deforestation, Help Small-Scale Farmers

Norway is pulling together $400 million for countries to fight deforestation.

According to a press release issued by the World Economic Forum from the organization’s annual meeting in Davos-Klosters, Switzerland, the fund’s aim is to safeguard more than 5 million hectares of peatlands and forests.

“The future of the planet depends on our common ability to both protect and restore forests at unprecedented scale, while simultaneously increasing agricultural production to meet growing global needs,” Erna Solberg, Norway’s prime minister, said on Jan. 18 according to the release.

“Through this fund, we will work with forest governments, the private sector and civil society to make this happen in innovative ways,” Solberg added.

Kate Evans/CIFOR

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