Norway warns its companies to not hurt Brazil’s rainforest
OSLO – Norway’s government warned companies present in Brazil against any involvement in deforestation amid escalating international criticism of the Latin-American country’s management of the Amazon rainforest.
Amid raging wildfires in the rainforest, France’s president has threatened not to approve the Mercosur trade agreement as long as Brazil doesn’t live up to commitments to tackle climate change. Norway has also found itself at odds with Brazil, as the Nordic country and Germany froze millions of dollars for a preservation fund for the Amazon because they said the agreement had been broken.
After meeting with representatives of Norwegian companies, including Equinor, environmental groups and academics in Oslo on Tuesday, Norway’s Environment and Climate Minister Ola Elvestuen said businesses involved in Brazil should make sure their value chains in the country “don’t contribute to deforestation.”
Norway holds big stakes in companies doing business in Brazil, including oil producer Equinor and Norsk Hydro ASA, which makes aluminum.
Equinor’s senior vice president for corporate sustainability, Bjorn Otto Sverdrup, who participated in the meeting, said the company’s supply chain in Brazil wasn’t exposed to activities detrimental to the Amazon.
Norway and its partners in the European Free Trade Association signed their own trade agreement with Brazil and the other Mercosur countries over the weekend. Some Norwegian politicians -- including from Elvestuen’s Liberals, a junior government party -- have said they might vote against the agreement to protest Brazil’s Amazon policies.
The agreement includes provisions on climate and deforestation, Elvestuen said, adding it was difficult to say when or how it might be ratified by Parliament. “We should expect the people who sign it also follow up the intentions of the agreement on the environment, climate and deforestation,” he told reporters.
Elvestuen also said Norway is continuing to talk to Brazilian authorities about the Amazon funds.
“There’s nothing we want more than to continue such a cooperation,” he said. “But that requires Brazil to also follow up the intention of the agreement, which is to limit deforestation.”
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















