Norway Pays Brazil 600M Kroner for Record-Low Deforestation

Norway will disburse 600 million kroner to Brazil's Amazon Fund, rewarding the country for achieving its lowest deforestation rate in over 40 years. The payment, announced ahead of the climate summit in Turkey, underscores the effectiveness of results-based climate finance. This reinforces Norway's role as a major donor and Brazil's policy success under Lula, though long-term sustainability remains uncertain.

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