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Bellona Raises NOK 13 Million, Avoids Bankruptcy

Bellona raises NOK 13 million and avoids bankruptcy.
Bellona raises NOK 13 million and avoids bankruptcy.

Publish date: June 9, 2026

A fundraising campaign launched by the Bellona Foundation has succeeded in securing the organization’s future and averting bankruptcy.

“I would like to express my deepest gratitude for the support we have received, on behalf of everyone at Bellona,” said Bellona founder Frederic Hauge.

On June 1, Bellona announced that it faced the prospect of bankruptcy unless it could raise at least NOK 8 million within one week. The crisis was triggered by the loss and postponement of key sources of funding, leaving the organization in an acute liquidity crunch. After a week-long fundraising effort, the final total reached an impressive NOK 13 million.

“We received NOK 3 million from 4,370 individual donors. That provided a crucial foundation for businesses, entrepreneurs, and major supporters to contribute an additional NOK 10 million,” said Bellona CEO Sveinung Rotevatn. “Together, these contributions ensure that we can continue our operations.”

Bellona’s board met on Monday evening and concluded that the funds raised were sufficient to meet the foundation’s immediate obligations and allow it to continue operating. Nevertheless, Rotevatn emphasized that significant challenges remain.

“This was an emergency effort to ensure Bellona’s survival. We are enormously grateful for the response. At the same time, Bellona still faces a difficult second half of the year, during which we will substantially reduce costs and work to secure a more sustainable financial footing. We take that responsibility seriously. Bellona must never find itself in this situation again.”

On June 16, Bellona will celebrate its 40th anniversary. Until recently, it seemed uncertain whether the milestone would be marked at all. Now, Frederic Hauge is looking forward to celebrating four decades of the organization he founded in 1986.

“Bellona is my life’s work, and I am deeply relieved that this 40th-anniversary crisis has ended well. The fight for the environment continues, and Bellona will remain at the forefront of developing new solutions and advancing the green transition—as we always have.”