Thursday, December 12, 2019

DT 6 / 2013

How Norway and Denmark cashed in on IMF gold prize by letting aid pay

As donor fatigue hit in the wake of the global financial crisis, IMF decided to transfer billions of dollars from its gold sales to support the poorest countries. This is the story of how some donors preyed on the IMF gold prize. 

Wind in the sails for Indonesia forest deal

The extended moratorium on logging, recently announced by President Yudhoyono, will not stop deforestation in Indonesia. But it is viewed by Norway as a gesture of good faith for the billion-dollar bilateral climate forest deal.

TrønderEnergi to make second Uganda hydropower investment

The Norwegian energy company that built the Bugoye power station is poised to launch its second hydropower project in Uganda.