There Norway he took a historical step in the fight against environmental protection, becoming the first state in the world to officially prohibit deforestation in their institutional activities. Thanks to an ambitious and coherent environmental policy, the Scandinavian country has transformed into law Prohibition of demolition of national forest resourcesplacing itself as a model for global sustainability.
The initiative was born in September 2018, when the Permanent Commission for Energy and the Environment of the Norwegian Parliament approved the “National Plan on Biodiversity“. This document, which required a year to be fully implemented, laid the foundations for a radical change: the government has stopped signing contracts with companies involved in deforestation and promoted investments aimed at reducing the phenomenon to other parts of the world.
But Norway’s commitment did not stop at national borders. The country has in fact allocated funds for contrast the destruction of forests in Brazil, Liberia and Indonesiaactively supporting reforestation projects and conservation strategies.
Years of global pressure for a more green future
Aware of the economic and environmental impact of deforestation, Norway has tried to involve other actors in its project. Through the largest sovereign fund in the world, the nation has exercised pressure on various companies to adopt more sustainable policies, in particular as regards the supply chain supply of timber.
A key action was the signature of a joint declaration together with 230 investment funds and important financial institutions, including HSBC Global Asset Management and BNP Paribas Asset Management. The goal of this agreement is to push companies to carefully monitor their operationsreducing the contribution to deforestation.
In parallel, Norway has continued to work closely with Germany and the United Kingdom for Promote supply chains without deforestationby encouraging sustainable practices also through public contracts. Another example of cooperation is found inagreement signed with Indonesia Which provides for a billion dollars to reduce emissions related to the destruction of tropical forests.
Norway’s decision not only represents a historical goal, but also marks a point of reference For global environmental policies. With concrete actions and targeted investments he has shown that sustainable management of natural resources is possible, pushing other states and institutions to follow his example.
