2024: A Year of Progress and Commitment in Rainforest Protection

2024 has been an extraordinary year for rainforest protection—and it’s all thanks to the collective efforts of nations, communities, organizations, and supporters like you. Together, we’ve made significant strides in the fight against deforestation.

Let’s take a moment to celebrate some remarkable milestones:

Deforestation in the Amazon dropped by an incredible 31% from August 2023 to July 2024, reaching its lowest level since 2015. This achievement is a testament to the commitment of the government, regional authorities, local communities and leaders. To support these efforts, Norway will contribute $60M in results-based funding to the Amazon Fund.

Important steps for carbon markets: The LEAF Coalition and global companies agreed to pay Para at least $50m for preserving its vast rainforest and cutting carbon emissions. Before the payment is executed, Para will need to get the results externally verified. This is a model for public-private collaboration on a transformative scale.

People celebrating the Para deal
The LEAF agreement with the State of Para was signed in New York with great enthusiasm. Photo Credit: Martine Røiseland/KLD

Indonesia’s continued success in reducing deforestation to record low levels was celebrated. Norway contributed another $60M in results-based support to continue the work to protect Indonesia’s forest ecosystems and implement the country’s ambitious plans for the forestry and land use sector to become a net carbon sink by 2030.

There is a significant political breakthrough for the recognition of Indigenous Peoples territorial rights in tropical forests and a large interest from donors to support these efforts. Peru stepped up its endeavours to title land to Indigenous Peoples, and established an indigenous reserve covering 160,000 km2 of forest in the border region of Peru and Brazil for people who live in voluntary isolation.

On track to double forest cover by 2030, Ethiopia has already protected 1M hectares of forest and restored another 1M. Norway’s results-based support is helping the country achieve its ambitious green goals, benefiting climate, nature, and livelihoods.
Norway has extended its rainforest initiative to 2035, reaffirming a long-term commitment to combat deforestation and to support forest nations in achieving sustainable development.

Andreas Bjelland Eriksen spoke at the opening of OTFF
Norway’s Minister of Climate and Environment delivering the opening speech at the Oslo Tropical Forest Forum in June 2024, highlighting the importance of saving tropical forests.

These 2024 highlights show that significant progress is possible when we work together. Rainforests are essential to the global climate, biodiversity, and millions of lives—they are a shared responsibility and a global priority.