New agriculture fund to protect forests, too



Norway has pledged $100 million to a $400 million fund to protect five million hectares of forest and peatlands by 2020.

The new fund, to be managed by the Dutch manager IDH, will invest in forest-rich countries to boost the productivity of farmers while protecting forests and reducing greenhouse gas emissions.

Unilever is the first corporate investor, committing $25 million over five years.

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