Norway, Germany, UK Pledge $5 Billion to Combat Tropical Deforestation

The first full day of the climate talks in Paris included a major announcement when Norway, Germany and the UK jointly pledged $5 billion to reducing deforestation in tropical forest countries over the next five years. from Germany and the UK to the World Bank’s BioCarbon Fund Initiative for Sustainable Forest Landscapes $71.4 million from the UK to the World Bank’s Forest Carbon Partnership Facility’s (FCPF) Carbon Fund from the UK to the World Bank’s Forest Carbon Partnership Facility’s (FCPF) Carbon Fund $114 million from Germany to Brazil’s Amazon Fund