Prime Minister Erna Solberg of Norway. (Source: Reuters) Prime Minister Erna Solberg of Norway. (Source: Reuters)Government of Norway has announced a fund that will raise USD 400 million by 2020 and protect 5 million hectares in countries that are working to reduce deforestation and forest and peat degradation. Erna Solberg, Prime Minister of Norway, announced the launch of the fund on Tuesday at the World Economic Forum annual meeting in Davos. The fund is expected to provide an incentive for tropical forest governments by driving investments in countries and jurisdictions that protect forests and reduce related greenhouse gas emissions.

Source: Indian Express January 19, 2017 06:59 UTC