World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Norway To Spend Billions On Preserving Rainforests

Norway to Spend Billions on Preserving Rainforests

Norway's prime minister has committed his country to spending more than $500 million a year to preserve the world's endangered rainforests.

The Norwegian government chief, Jens Stoltenberg, says reducing deforestation in developing countries can quickly and inexpensively reduce global emissions of carbon dioxide - the main component of the greenhouse gases that are blamed for global warming.

Trees and rainforests absorb carbon dioxide from Earth's atmosphere and in turn release oxygen - a process opposite to the cycle of automotive and industrial pollution that has been pumping increasingly huge quantities of greenhouse gases into the atmosphere in recent years.

Experts say deforestation is responsible for as much as 30 percent of global greenhouse gas emissions each year.

With proper management, forest resources can be sustainable, guaranteeing steady production of wood and other forest products while preserving the forests themselves. In recent years, however, the potential revenue that rainforests represent have stripped bare large areas of forest in many developing countries.

Environmentalists in Norway greeted the Oslo government's announcement on Sunday of the new rainforest initiative on Sunday with great enthusiasm. They say they hope other wealthy countries will follow Norway's example and commit financial resources to stopping deforestation.


More: Latest World News | Top World News | World Digest | Archives

© Scoop Media

World Headlines


Rohingya Muslims Massacred: Restrictions On Aid Put 1000s At Risk

Amnesty: The Myanmar authorities’ restrictions on international aid in Rakhine state is putting tens of thousands of lives at risk in a region where mainly Rohingya people are already suffering horrific abuses from a disproportionate military campaign. More>>


Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>


Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>


Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>


  • Pacific.Scoop
  • Cafe Pacific
  • PMC