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News articles on norway
Mongabay.com news articles on norway in blog format. Updated regularly.
Accounting for natural capital on financial exchanges
(01/26/2015) Last month, Norway's stock exchange, the Oslo Børs, introduced a way for investors to use their money to promote sustainability. A new list by the stock exchange highlights green bonds, financial products issued by companies to raise capital for environmentally friendly projects. Notably, the list requires that issuing companies obtain and publicize outside opinions on the projects' environmental features.
Despite high deforestation, Indonesia making progress on forests, says Norwegian official
(10/02/2014) Despite having a deforestation rate that now outpaces that of the Brazilian Amazon, Indonesia is beginning to undertake critical reforms necessary to curb destruction of its carbon-dense rainforests and peatlands, says a top Norwegian official. Speaking with mongabay.com in Jakarta on Monday, Stig Traavik, Norway's ambassador to Indonesia, drew parallels between recent developments in Indonesia and initiatives launched in Brazil a decade ago, when deforestation was nearly five times higher than it is today.
Turning point for Peru's forests? Norway and Germany put muscle and money behind ambitious agreement
(09/24/2014) From the Andes to the Amazon, Peru houses some of the world's most spectacular forests. Proud and culturally-diverse indigenous tribes inhabit the interiors of the Peruvian Amazon, including some that have chosen little contact with the outside world. And even as scientists have identified tens-of-thousands of species that make their homes from the leaf litter to the canopy.
Leaders pledge to end deforestation by 2030
(09/24/2014) Dozens of companies, non-profit organizations, and governments pledged to work together to halve forest loss by 2020 and end it altogether by 2030. If implemented, the commitment could reduce annual carbon dioxide emissions by 4.5-8.8 billion tons annually, equivalent to removing a billion cars from the world's roads.
Norway slaughters over 700 whales this season
(09/08/2014) As of late August, Norway has killed 729 northern minke whales (Balaenoptera acutorostrata) during its annual whaling season, the highest number taken since 1993.
Norway puts $1.6B into rainforest conservation
(08/19/2014) Since 2008 Norway has been the single largest foreign donor to tropical forest conservation, putting more than 10 billion Norwegian Krone, or $1.6 billion, toward programs in several countries under its International Climate and Forest Initiative. But how effective have those funds been in actually protecting forests?
Europe votes for an Arctic Sanctuary
(03/13/2014) Yesterday, the European Parliament passed a resolution supporting the creation of an Arctic Sanctuary covering the vast high Arctic around the North Pole, giving official status to an idea that has been pushed by activists for years. Still, the sanctuary has a long road to go before becoming a reality: as Arctic sea ice rapidly declines due to climate change, there has been rising interest from governments and industries to exploit the once inaccessible wilderness for fish and fossil fuels.
Norway's pension fund continues to invest in coal companies destroying Indonesia's forests
(03/06/2014) Norway's massive sovereign wealth fund is continuing to invest in coal companies that are destroying forests in Indonesia despite divesting from forestry and plantation companies with poor environmental track records, reports the Rainforest Foundation Norway.
Norwegian insurance giant blacklists palm oil companies
(01/27/2014) Storebrand, one of Norway's largest life insurance and pension savings companies, has sold off holdings in eleven palm oil companies due to environmental concerns. In a statement issued last week, Storebrand said it divested after it found the companies had breached its sustainability standards.
Govts pledge $280M to slow deforestation for agriculture
(11/21/2013) The governments of Norway, Britain and the United States pledged $280 million toward a new initiative that aims to reduce emissions associated with forest conversion for agriculture, reports Reuters. The money will come out of previously committed funds for climate change. The initiative, called the BioCarbon Fund Initiative for Sustainable Forest Landscapes and administered by the World Bank, focuses on the 80 percent of deforestation that is driven by agriculture.
New corruption allegations in Sarawak energy project
(11/04/2013) An infrastructure company with ties to Sarawak's chief minister has just landed a $196 million contract to build transmission lines, sparking new complaints about cronyism and corruption in the Malaysian Borneo state.
Norway blacklists 2 Malaysian logging companies for 'severe environmental damage' in Borneo
(10/14/2013) Norway's $760 billion pension fund has divested from two Malaysian forestry companies due to 'severe environmental damage'.
Norwegian Parliament calls for stronger implementation of no-deforestation policy for investments
(06/12/2013) The Norwegian Parliament has called for the country's pension fund to strengthen its commitment to avoid investing in companies linked to rainforest destruction.
Norway's wealth fund dumps 23 palm oil companies under new deforestation policy
(03/11/2013) Norway's $700 billion pension fund continues to divest from companies linked to tropical deforestation, selling stakes in 23 palm oil producers last year, reports Rainforest Foundation Norway, an activist group that has led the campaign for divestment. The move by the Norwegian Government Pension Fund Global (GPFG) — the world's largest sovereign wealth fund — came after it revised its investment guidelines to include deforestation as a portfolio risk.
Norway to send Guyana $45m for maintaining low deforestation rate
(12/24/2012) Norway will pay Guyana $45 million for maintaining its low deforestation rate under a climate partnership between the two countries.
Norway payments to Brazil for reducing deforestation reach $670 million
(12/06/2012) Norway will deposit another $180 million into Brazil's Amazon Fund after the Latin American giant reported a third straight annual drop in deforestation, reports Bloomberg. The payment comes despite a high-profile dispute over who verifies reductions in emissions from deforestation — Norway believes emissions reductions should be measured by an independent third party, but Brazil disagrees. The disagreement sidelined discussions over the REDD+ mechanism during climate talks in Doha, pushing negotiations over the program out another year.
REDD+ negotiations in Doha at impasse, potentially delaying decisions on safeguards another year
(12/03/2012) Negotiations over a program that would pay tropical countries for reducing greenhouse gas emissions from deforestation and degradation — or REDD+ — are stuck at an impasse over how emissions reductions would be verified, reports Ecosystem Marketplace. The disagreement, which has been characterized as a standoff between Brazil, which is potentially a beneficiary of REDD+, and Norway, which is the world's largest funder of tropical forest conservation, could push any final decisions on REDD+ out another year.
Norway's $650B pension fund to require deforestation disclosure among portfolio companies
(11/12/2012) Norway's $650 billion sovereign wealth fund will ask companies in which it invests to disclose their impacts on tropical forests, as part of its effort to reduce deforestation, reports Reuters. The move could usher in broader reporting on the forest footprint of operations.
Norway to double carbon tax on oil industry for climate change programs
(10/15/2012) Beginning next year, Norway will nearly double the carbon tax on its domestic oil industry to help set up a $1 billion climate change fund for programs in developing nations among other green projects. The Scandinavian nation is the world's 13 largest oil producer and third biggest oil exporter, yet has been one of the most active champions of funding climate change projects.
Campaign cuts Norway's palm oil consumption 64%
(07/25/2012) A campaign run by environmental activists has helped lead to a 87 percent reduction in palm oil use by eight major food companies in Norway, reports Rainforest Foundation Norway, which led the effort.
Norway: Indonesia's forest moratorium isn't enough to meet emissions reduction target
(05/23/2012) Indonesia's moratorium on new forest concessions will not be enough to meet its 2020 emissions reduction target says the largest backer of the country's forest and climate action plan.
As Norway funds rainforest conservation, its pension fund invests in companies driving deforestation
(03/30/2012) At the same time that it is committing hundreds of millions of dollars a year to protecting rainforests, Norway is investing more than 13 billion dollars a year via its pension fund in dozens of companies linked to deforestation, alleges a new report from Rainforest Foundation Norway and Friends of the Earth Norway.
Possible embezzlement halts WWF-run REDD project in Tanzania
(02/29/2012) Two conservation and community projects in Tanzania have been halted after the World Wide Fund for Nature (WWF) reported possible corruption. WWF is running the projects with funds from the Norwegian government. One of the projects is a pilot REDD project, a program to reduce greenhouse gas emissions from deforestation and forest degradation in tropical, developing countries.
How much is the life of a whale worth?
(01/16/2012) How do you end a decades-long conflict between culture and conservation? How do you stop a conflict where both sides are dug in? A new paper in Nature proposes a way to end the long and bitter battle over whaling: environmentalists could pay whalers not to whale.
Top 10 Environmental Stories of 2011
(12/22/2011) Many of 2011's most dramatic stories on environmental issues came from people taking to the streets. With governments and corporations slow to tackle massive environmental problems, people have begun to assert themselves. Victories were seen on four continents: in Bolivia a draconian response to protestors embarrassed the government, causing them to drop plans to build a road through Tipnis, an indigenous Amazonian reserve; in Myanmar, a nation not known for bowing to public demands, large protests pushed the government to cancel a massive Chinese hydroelectric project; in Borneo a three-year struggle to stop the construction of a coal plant on the coast of the Coral Triangle ended in victory for activists; in Britain plans to privatize forests created such a public outcry that the government not only pulled back but also apologized; and in the U.S. civil disobedience and massive marches pressured the Obama Administration to delay a decision on the controversial Keystone XL pipeline, which would bring tar sands from Canada to a global market.
Concerns standoff between Borneo forest community and Malaysian palm oil developer may turn violent
(11/23/2011) A conflict between villagers in Indonesia's East Kalimantan province and a palm oil developer could turn violent over the company's decision to press forward with clearing of forest land used by the community, warns the Environmental Investigation Agency (EIA) and its Indonesian partner Telapak.
New study: price carbon at the point of fossil fuel extraction
(10/17/2011) Global carbon emissions are a complicated matter. Currently, officials estimate national fossil fuel-related emissions by what is burned (known as production) within a nation, but this approach underestimates the emissions contributions from countries that extract oil and oil for export. Is there a better way to account for a country's total climate change footprint?
Malaysian palm oil company violates Indonesia's logging moratorium
(06/16/2011) An undercover investigation has found evidence that a subsidiary of Malaysian palm oil company has illegally cleared forest in breach of the Indonesia's moratorium on new permits in primary forest areas and peatlands.
Russia and Norway carve up wildlife-rich Arctic sea for fossil fuels
(06/09/2011) As climate change melts the Arctic sea ice, nations are rushing to carve up once-inaccessible areas for oil and gas exploitation, industrial fishing, and shipping routes. Now, BBC reports that Russia and Norway have essentially agreed to split the Arctic's Barents Sea in half —one of the region's richest in biodiversity and ecological productivity—for industrial exploitation.
Indonesian president urges other countries not to buy illegally logged wood from Indonesia
(06/08/2011) Indonesian President Susilo Bambang Yudhoyono asked consuming countries to join the fight against illegal logging in Indonesia, reports the Jakarta Globe.
Norway: rainforest protection efforts must work through corruption challenge
(04/29/2011) Corruption in poor countries shouldn't deter developed countries from supporting initial efforts to save the world's tropical forests, Norway's environment minister told Reuters.
New World Growth report contains 'false and misleading' information
(03/31/2011) A new report from World Growth International, a lobby group for industrial forestry interests, contains 'false and misleading' information on the economic impact of reducing Indonesia's deforestation rate, says an Indonesian environmental group. The report, released today, claims that reducing deforestation in Indonesia will cost the country 3.5 million jobs annually by slowing expansion in the forestry sector.
Norway to continue palm oil investments
(03/30/2011) Norway's $550 billion sovereign wealth fund will continue investing in Asian palm oil companies despite criticism from environmental groups, reports Reuters.
German bank dumps palm oil company stock
(03/25/2011) DWS, a fund management company run by Deutsche Bank, has dropped all Wilmar International stock from its financial products over concerns that the palm oil giant has failed to produce palm oil in a responsible manner despite being a member of the Roundtable on Sustainable Palm Oil (RSPO), a eco-certification initiative. The move follows a campaign by Robin Wood, a German activist group.
Top forest policies recognized
(03/23/2011) 19 forest policies have been nominated for an award by the World Future Council, a global think tank.
Indonesia delays logging moratorium
(01/05/2011) Bureaucratic confusion has led Indonesia to delay implementation of its two-year moratorium on new logging and plantation concessions in forest areas and peatlands, reports the Jakarta Globe.
Will Indonesia's big REDD rainforest deal work?
(12/28/2010) Flying in a plane over the Indonesian half of the island of New Guinea, rainforest stretches like a sea of green, broken only by rugged mountain ranges and winding rivers. The broccoli-like canopy shows little sign of human influence. But as you near Jayapura, the provincial capital of Papua, the tree cover becomes patchier—a sign of logging—and red scars from mining appear before giving way to the monotonous dark green of oil palm plantations and finally grasslands and urban areas. The scene is not unique to Indonesian New Guinea; it has been repeated across the world's largest archipelago for decades, partly a consequence of agricultural expansion by small farmers, but increasingly a product of extractive industries, especially the logging, plantation, and mining sectors. Papua, in fact, is Indonesia's last frontier and therefore represents two diverging options for the country's development path: continued deforestation and degradation of forests under a business-as-usual approach or a shift toward a fundamentally different and unproven model based on greater transparency and careful stewardship of its forest resources.
Guyana: where's the money pledged for saving rainforests?
(12/09/2010) Funds ostensibly set aside to reward tropical countries for protecting their rainforests are being held up, threatening to exhaust the political capital needed to advance the proposed reducing emissions from deforestation and degradation (REDD) mechanism before it even gets off the ground, warned the president of Guyana during a lively panel organized by Avoided Deforestation Partners on the sidelines of UN climate talks in Cancun, Mexico.
Indonesia's forest protection plan at risk, says report
(11/25/2010) Industrial interests are threatening to undermine Norway's billion dollar partnership with Indonesia, potentially turning the forest conservation deal into a scheme that subsidizes conversion of rainforests and peatlands for oil palm and pulp and paper plantations, logging concessions, and energy production, claims a new report from Greenpeace.
Scientists call upon Indonesia to recognize value of secondary forests
(11/18/2010) A group of scientists have called upon the governments of Indonesia and Norway to recognize the conservation value of logged-over and "degraded" forests under their partnership on reducing emissions from deforestation and degradation. The letter urges the Indonesian government to extend protection to forest areas that may not be pristine but still serve as important carbon sinks, house endangered wildlife, and provide livelihoods for communities.
Norway calls for other nations to step up in fight against deforestation in Indonesia
(10/27/2010) On Monday, Norway's Environment Minister called for the US, Japan, and the EU to open their pocket books to support Indonesia's drive to stop deforestation, according to Reuters. Norway has pledged $1 billion to Indonesia in an effort to stop rampant deforestation mostly due to industrial logging and the establishment of commercial plantations for palm oil and paper production.
Norway urged to dump shares of other forest-destroying companies
(08/27/2010) Norway's Climate and Forests Initiative, which has set aside billions of dollars for efforts to reduce deforestation, should work with the country's Ministry of Finance to divest the Government Pension Fund from companies that destroy forests, says the Environmental Investigation Agency (EIA), an environmental group.
Norway divests from Malaysian logging company after rainforest destruction
(08/24/2010) The Norwegian Government's pension fund sold all its 16 million shares of Samling Global, a Malaysian timber company, after concluding the firm had committed 'serious transgessions' in logging outside of concession areas and destroying protected rainforests, reports the Bruno Manser Fund. The sale, worth a total of $1.2 million, represents about 0.3 percent of the company's outstanding shares based on today's closing market price in Hong Kong.
Indonesia gets first $30M from Norway under $1B forest deal
(08/19/2010) Norway has agreed to transfer an initial $30 million to Indonesia under its $1 billion REDD+ (reducing emissions from deforestation and forest degradation) partnership with the Southeast Asian country.
Audit finds palm oil company destroyed peatlands, but not primary forest
(08/10/2010) An environmental audit of palm oil company, PT SMART, found that the company had not cut primary rainforest, yet had destroyed carbon-rich peatlands; however the audit analyzed only 40 percent of PT SMART's holdings and investigated none of its plantations in New Guinea. A subsidiary of agricultural giant Sinar Mas, PT SMART has been accused in a number of reports by Greenpeace of both destroying high conservation value forests and draining peatlands. Greenpeace's reports caused both food giants Unilever and Nestle to drop PT SMART as a supplier of their palm oil, while Cargill stated it would wait to hear the results of the audit. Given the audit's results, both sides are claiming victory.
Large-scale forest destruction in Sumatra undermines Indonesia's deal with Norway
(07/13/2010) While the Indonesian government basks in a recent agreement with Norway to slow deforestation to the tune of a billion US dollars, a new report by Eyes on the Forest shows photographic evidence of largely government sanctioned deforestation that flouts several Indonesia laws. Potentially embarrassing, the report and photos reveal that two companies, Asian Pulp and Paper (APP) and Asia Pacific Resource International (APRIL), have destroyed 5 percent of Riau province's forests since 2009, including deep peatlands, high conservation value forests (HCVF), Critically Endangered Sumatran tiger habitat, and forest within the Giam Siak Kecil- Bukit Batu UNESCO Biosphere Reserve. In total, over 130,000 hectares (an area larger than Hong Kong) of mostly peat forest were destroyed for pulp.
Whaling talks break down: ban stays in place, yet whaling will continue
(06/23/2010) The International Whaling Commission (IWC), which was supposed to decide a way forward for whales over the next decade has ended without an agreement. Talks broke down, according to participants, because countries opposed to whaling and those that continue hunting and killing whales despite a ban on commercial whaling—i.e. Japan, Norway, and Iceland—have been unable to find enough common ground to pound out an agreement.
To whale or not to whale?: nations, environmental groups do some soul-searching
(06/22/2010) There are two ways forward on whaling according to visions being put forward at the International Whaling Commission this week. One way is to uphold the 24-year-long ban on hunting and killing whales. While this road sends a strong pro-conservation message, it also means that Japan, Norway, and Iceland will continue whaling as they have over the past couple decades, killing an average of 2,000 whales annually. These three countries employ a variety of excuses for their whaling—Iceland and Norway simply state that they do not recognize the whaling ban while Japan claims its whaling is only done for 'scientific purposes'—but it is clear that they will not end whaling and, to date, there is no punishment for their dismissal of the international treaty.
Indonesia's plan to save its rainforests
(06/14/2010) Late last year Indonesia made global headlines with a bold pledge to reduce deforestation, which claimed nearly 28 million hectares (108,000 square miles) of forest between 1990 and 2005 and is the source of about 80 percent of the country's greenhouse gas emissions. President Susilo Bambang Yudhoyono said Indonesia would voluntarily cut emissions 26 percent — and up to 41 percent with sufficient international support — from a projected baseline by 2020. Last month, Indonesia began to finally detail its plan, which includes a two-year moratorium on new forestry concession on rainforest lands and peat swamps and will be supported over the next five years by a one billion dollar contribution by Norway, under the Scandinavian nation's International Climate and Forests Initiative. In an interview with mongabay.com, Agus Purnomo and Yani Saloh of Indonesia's National Climate Change Council to the President discussed the new forest program and Norway's billion dollar commitment.
Indonesia identifies possible sites for forest conservation pilot project
(06/06/2010) The government of Indonesia has named four forests which could serve as pilot projects for its conservation deal with Norway, according to the Jakarta Post. The deal, including a billion US dollar donation from Norway, is meant to help Indonesia stem rampant deforestation throughout the nation, which has pushed Indonesia to become the world's third highest greenhouse gas emitter.
Confusion in Indonesia over forestry licenses and conservation deal with Norway
(06/03/2010) Indonesia's chief economic minister said on Wednesday that the government will not revoke existing forestry licenses to develop natural forests under a billion dollar conservation deal signed last week with Norway.
Norway's billion dollar contribution to Indonesian forests excludes national reforestation scheme
(06/01/2010) Norway's billion dollar contribution to forest and peatlands conservation in Indonesia will not fund reforestation of deforested areas, a government minister told The Jakarta Post.
Indonesia to revoke palm oil concession licenses under forest deal
(05/31/2010) Indonesia will revoke existing forestry licenses to cut down natural forests under the billion dollar deal climate deal signed with Norway last week, reports Reuters.
Indonesia announces moratorium on granting new forest concessions
(05/28/2010) With one of the highest rates of deforestation in the world, the world's third largest greenhouse gas emissions due mostly to forest loss, and with a rich biodiversity that is fighting to survive amid large-scale habitat loss, Indonesia today announced a deal that may be the beginning of stopping forest loss in the Southeast Asian country. Indonesia announced a two year moratorium on granting new concessions of rainforest and peat forest for clearing in Oslo, Norway, however concessions already granted to companies will not be stopped. The announcement came as Indonesia received 1 billion US dollars from Norway to help the country stop deforestation.
Norway to provide Indonesia with $1 billion to protect rainforests
(05/19/2010) Norway will provide up to $1 billion to Indonesia to help reduce deforestation and forest degradation, reports The Jakarta Post.
Polar bears are newcomers on the world stage
(03/01/2010) One of the most well-known animals, the polar bear, is a newcomer on the world stage, according to research published in the Proceedings of the National Academy of Sciences. By studying the DNA of an ancient polar bear jawbone uncovered in 2004 in Norway scientists have for the first time pinpointed the time when the polar bear split from its closest relative, the brown bear. "Our results confirm that the polar bear is an evolutionarily young species that split off from brown bears some 150,000 years ago and evolved extremely rapidly during the late Pleistocene, perhaps adapting to the opening of new habitats and food sources in response to climate changes just before the last interglacial period."
Guyana to increase oversight of gold mining under deal to save forests with Norway
(12/21/2009) As apart of a deal with Norway to preserve its rainforests, Guyana will step up oversight of its gold mining industry, which has been accused of causing significant environmental damage including deforestation and mercury and cyanide pollution.
Obama on global warming and forest protection
(12/10/2009) President of the United States, Barack Obama, was in Oslo, Norway this morning accepting the Nobel Peace Prize, which he won in part for promising to bring the United States to the negotiating table on climate change—something he has recently done.
Developed countries plan to hide emissions from logging
(12/09/2009) While developing countries in the tropics have received a lot of attention for their deforestation emissions (one thinks of Brazil, Indonesia, and Malaysia), emissions from logging—considered forest cover change—in wealthy northern countries has been largely overlooked by the media. It seems industrialized countries prefer it this way: a new study reveals just how these countries are planning to hide forestry-related emissions, allowing nations such as Canada, Russia, and the EU to contribute to climate change without penalty.
Norway emerges as champion of rainforest conservation
(03/19/2009) While citizens in western countries have long paid lip service to saving rainforests, Norway has quietly emerged as the largest and most important international force in tropical forest conservation. The small Scandinavian country has committed 3 billion krone ($440 million) a year to the effort, a figure vastly greater than the $100M pledged — but never fully contributed — by the United States under the Tropical Forest Conservation Act (TFCA). Norway now hopes it can help push to include forest conservation in the successor to the Kyoto Protocol by providing funding and fostering cooperation among international actors like the UN and World Bank, as well as developing countries, to fund the creation of an international architecture which makes it possible to incorporate deforestation and degradation into a post-2012 climate regime.
Norway to pay Guyana to save its rainforests
(02/05/2009) Norway will provide financial support for Guyana's ambitious plan to conserve its rainforests, reports the Guyana Chronicle. Meeting in Oslo, Norway on Tuesday, Guyana President Bharrat Jagdeo and Norwegian Prime Minister Jens Stoltenberg signed a Memorandum of Understanding agreeing to establish a partnership to reduce greenhouse gas emissions from deforestation and forest degradation (REDD). The leaders will push for the incorporation of a REDD mechanism that includes low deforestation countries like Guyana in a post-2012 climate change agreement.