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Norwegian oil fund has invested in companies linked to the disaster in the Amazonas

Norwegian oil fund's ownership of soy and cattle producers in Brazil meets protests.

Cattle are séen on a tract of Amazon jungle after a fire in Apui. | Photo: Bruno Kelly/Reuters/Ritzau Scanpix

The state-owned Norwegian oil fund has invested around EUR 250 million in US companies contributing to the environmental disaster in Brazil.

The companies in question produce soy and beef, which contribute to deforestation and CO2 emissions in the Amazon, according to Norwegian newssite vg.no.

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