Here is a paradox - Norway is investing more than 13 billion dollars in dozens of companies linked to deforestation

Norway is pumping in hundreds of millions of dollars a year to protect rainforests. A great gesture by all means, but here comes the paradox. Norway is investing more than 13 billion dollars in companies linked to deforestation, via its pension funds.  This is 27 times more than Norway spends on rainforest protection. This is not hearsay. The allegation is in a report published by Rainforest Foundation Norway and Friends of the Earth Norway. The investment is in seven controversial industry sectors, palm oil, oil and gas, mining, the meat industry, the logging and pulp industry, soy production and hydroelectric energy.

Read the report by Rainforest Foundation Norway and Friends of the Earth Norway HERE