Norway gives 375 million euros a year to halt deforestation [View All]

[Judi Lynn]

Norway gives 375 million euros a year to halt deforestation


by Staff Writers
Oslo (AFP) Dec 9, 2007

Norway will spend three billion kroner a year to help prevent deforestation in developing countries, Prime Minister Jens Stoltenberg said on Sunday.

"Norway is ready to increase its part in fighting deforestation in developing countries to some three billion kroner (375 million euros, 548 million dollars) a year," Stoltenberg said in a statement.

"This could yield significant and rapid reductions in carbon dioxide emissions at a low cost," he said, adding that deforestation in developing countries was responsible for about 20 percent of the world's carbon dioxide emissions.

The Norwegian initiative is due to be announced this week at the climate change conference underway in Bali.
(snip)

http://www.terradaily.com/reports/Norway_gives_375_million_euros_a_year_to_halt_deforestation_999.html



Norway's Prime Minister Jens Stoltenberg
whom pResident _Bush refuses to meet, for
reasons known only to himself!

Wish they would renounce whaling, finally!