Over the past ten years, Norway has handed out almost US$3 billion (NOK 23.5 billion) on stopping tropical deforestation. On 15 May 2018, the Office of the Auditor General completed its investigation into Norway’s International Climate and Forest Initiative. The report is critical.
According to NASA, the Amazon is drier at the start of this year’s dry season than any year since 2002. The reason is reduced rainfall during the wet season because of El Niño. The result could be intense fires in the Amazon later this year.
In a recent country profile, Transparency International notes that the Democratic Republic of Congo “continues to struggle with repeated political crises, weak governance, mismanagement of natural resources and entrenched corruption”.
A paper published this week in Nature concludes that the Amazon is losing its capacity to absorb carbon. In the past decade, the carbon absorbed by the Amazon each year has decreased by about one-third.
In his book “Foreclosing the Future”, Bruce Rich notes that one of the lessons of 20 years of the World Bank is “governance first”. Even the best designed projects will fail in the absence of proper institutional and legal capacity.