Deforestation of the Amazon rainforest the forest is still shrinking.<ref name="INPE/Prods satellite data"> INPE figures August to July.</ref> Norwegian prime minister Jens Stoltenberg announced on September 16, 2008, that Norway's government would donate US $1 billion to the newly established Amazon fund. The money from this fund would go to projects aimed at slowing down the deforestation of the Amazon rainforest. In September 2015, Brazilian president Dilma Rousseff told the United Nations that Brazil had effectively reduced the rate of deforestation in the Amazon by 82 percent. She also announced that over the next 15 years, Brazil aimed to eliminate illegal deforestation, restore and reforest
Amazon rainforest has declined significantly in the Brazilian Amazon between 2004 and 2014, there has been an increase to the present day. Environmentalists are concerned about loss of biodiversity that will result from destruction of the forest, and also about the release of the carbon contained within the vegetation, which could accelerate global warming. Amazonian evergreen forests account for about 10% of the world's terrestrial primary productivity and 10% of the carbon stores in ecosystems – of the order of 1.1 × 10 metric tonnes of carbon. Amazonian forests are estimated to have accumulated 0.62 ± 0.37 tons of carbon per hectare