A Look At The Amazon Fund, A Key Money Source For The Rainforest
The Amazon Fund is one key entity focused on the health of the basin, and it started in 2009 as an agreement between Norway and Brazil.
As the effects of the Amazon's record-breaking wildfires continue to spread, some focus is turning to the money needed for the rainforest's recovery and protection.
Brazil often takes the lead in caring for the rainforest, as a majority of it lies within the country's borders. The Amazon Fund is one key entity focused on the health of the basin, and it started in 2009 as an agreement between Norway and Brazil. At the end of last year, the fund had taken in over $1.3 billion in donations. Ninety-three percent of those came from the Norwegian government.
The Amazon Fund focuses on sustainable use of the region's resources as well as preventing, monitoring and combating deforestation. The program has helped increase sales and production of native products, support indigenous communities and improve the monitoring of deforestation.
But the fund is not immune from controversy. Norway and Germany recently started withholding donations to it. Both countries are upset about an increase in deforestation in Brazil and changes to one of the two committees that governs the Amazon Fund.
Current Brazilian President Jair Bolsonaro has been criticized for his anti-environment policies. He supports giving industries increased access to protected rainforest lands.
Additional reporting from Newsy affiliate CNN.
Colombia proposes shipping invasive hippos to India, Mexico
Scientists are warning that the hippos do not have a natural predator in Colombia and are a potential problem for biodiversity.
Mexican president says Tesla to build plant in Mexico
This would be Tesla's third plant outside the U.S., after one in Shanghai and one near Berlin.
Heinz locates man who survived on ketchup while stuck at sea
Heinz launched a social media campaign to help locate Elvis Francois after learning he survived on ketchup while stuck at sea for 24 days.
Woman received messages from shooter ahead of Nashville school rampage
A former teammate received Instagram messages from the shooter on the morning of the attack that left six people at The Covenant School dead.
Nashville police release videos of officers firing at shooter
Officers appeared to confront the suspect two minutes after they entered the school.
Disney to begin laying off 7,000 employees
The cuts affect several divisions of the company, including Disney Entertainment, ESPN, and Disney Parks, Experiences and Products.