Norway spurs $400mn rainforest fund at Davos

Norway spurs $400mn rainforest fund at Davos

Norway on Thursday said it will raise $400 million to encourage Brazil's farmers to stop destroying the rainforests, launching a fund also backed by food giants Unilever and Nestle. Announced at the World Economic Forum in Davos, Switzerland, the plan is a major effort to reform harmful small scale farming, which is one of the biggest drivers of deforestation in Brazil.

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