Brazil 'surprised' UK not investing in new rainforest fund it helped design: Report

Brazil 'surprised' UK not investing in new rainforest fund it helped design

Brazil is touting what could be a radical new solution to tackle deforestation, flipping the economics in favour of protecting the forest. But it needs more cash to get it off the ground.

Brazil 'surprised' UK not investing in new rainforest fund it helped d

Brazil was “a bit surprised” Britain hasn’t contributed to a new investment fund to protect tropical forests, despite having helped to design it, a senior official has told Sky News.  The Amazon nation has used its role as host of the COP30 climate talks to tout its new scheme, which it drew up with the help of countries including the UK and Indonesia. With Britain’s budget day looming, Prime Minister Sir Keir Starmer decided against chipping in…

Brazil 'surprised' UK Not Investing In New Rainforest Fund It Helped Design

The Amazon nation has used its role as host of the COP30 climate talks to tout its new scheme, which it drew up with the help of countries including the UK and Indonesia. With Britain’s budget day looming, Prime Minister Sir Keir Starmer decided against chipping in when he visited the Amazonian city of Belem this month. The news came out the day before Brazil was about to launch it. “The Brazilians were livid” about the timing, one source told S…