US EditionBrazil’s Lula puts forward new vision for protecting the Amazon rainforest
Brazil proposes a $1 billion fund to pay tropical forest countries to preserve forests, involving over 70 nations with support from Germany, UAE, and others.
- On Tuesday in Belem, Brazilian President Luiz Inácio Lula da Silva proposed the Tropical Forests Forever Fund to protect the Amazon and support more than 70 developing countries.
- The official COP30 website describes the Tropical Forests Forever Fund as a permanent trust expected to generate about $4 from the private sector for every $1 contributed, and Brazil has already invested $1 billion.
- So far, Colombia, Ghana, the Democratic Republic of Congo, Indonesia and Malaysia have joined the initiative, but Luiz Inácio Lula da Silva did not provide details on how it would be implemented.
- Lula defended his government's approval of Petrobras exploratory drilling block 175 kilometers offshore Amapa, while activists warned leaks could imperil mangroves and a coral reef.
- If the initiative works, resources would be sent to tropical forest countries, and Luiz Inácio Lula da Silva emphasized billions are needed to help local populations in forest regions.
19 Articles
19 Articles
Every minute, hectares of tropical forest disappear. To reverse this trend, Brazil has devised a fund that will pay countries to protect their trees.
Conservation news
ecotopical.comBrazil can protect its forests while growing its economy, says Arapyaú’s Renata Piazzon
Brazil’s climate conversation has a habit of returning to the same question: how can a country that depends so much on its natural riches also protect them? Renata Piazzon, who leads the São Paulo–based Instituto Arapyaú, naturally straddles that line. A lawyer by training, she has become one of Brazil’s clearest voices for aligning conservation with development, arguing that the health of the forest and the well-being of those who live in it ar…
Associated Press News
Brazil's Lula puts forward new vision for protecting the Amazon rainforest
Brazil’s leader, President Luiz Inácio Lula da Silva, says he wants the future of the Amazon rainforest to be built around a major fund that will pay countries to keep their forests standing.
Lula da Silva should present the Tropical Flowers Fund for All This Friday at COP30. The objective is to create a funding mechanism to protect tropical forests around the world.
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