Ecuador, Norway and Germany agree to protect Ecuador rainforest

During last month’s Oslo Tropical Forest Forum, Ecuador, Germany and Norway pledged to work together to reduce deforestation in Ecuador through support to the country’s efforts to reducing deforestation. This includes the expansion of an innovative program incentivizing forest conservation and the creation of alternative income sources to local communities. In the agreement, signed during the Oslo Tropical Forest Forum, Germany and Norway commit up to $50 million in results-based finance — payable only if deforestation is in fact reduced in comparison to the recent past. The program aims to protect 13. 6 million hectares in Ecuador’s Amazon region. Ola…

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