Hey The announcement came during the formalization of the £80 million (€93 million) contribution announced by the UK Prime Minister, Rishi Sunak, to the Fund in May, during the visit of the President of Brazil, Luiz Inácio Lula. Da Silva to London.
According to a statement issued by the National Bank for Economic and Social Development in Brazil, the donations confirm the interest shown by the British government in cooperating with the Fund.
The Amazon Fund, created in 2008 during Lula’s second term, was in operation until 2019, when former President Jair Bolsonaro decided to deactivate it, in the context of promoting policies that promoted mining and other economic activities in the region.
Lula, who assumed a third term in January, has scrapped these policies and decided to reactivate the fund, which now enjoys the support of new donors, such as the United Kingdom, the United States, Switzerland, Denmark and the European Union, in addition to Norway and Germany, two countries that have supported the initiative financially since. Create it.
The Fund provides non-refundable support to prevent, monitor and combat deforestation and for the conservation and sustainable use of the Amazon region.
Since its establishment, this mechanism has supported 106 projects with a total investment of 1.8 billion Brazilian reais (339.5 million euros), actions that have benefited about 241 thousand people through sustainable productive activities, in addition to one hundred indigenous territories in the Amazon region and 196 conservation units.
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Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.