Biden Seeks $500 Million for Brazil’s Amazon Rainforest in Gesture to Lula
- Announcement comes after recent US-Brazil political tensions
- Environmental point of strong agreement between Biden and Lula
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US President Joe Biden is seeking $500 million to bolster Brazil’s strategy to protect the Amazon, a gesture to his counterpart Luiz Inacio Lula da Silva amid recent tensions over Russia’s invasion of Ukraine and relations with China.
Biden will request the US Congress deliver the money over five years to Brazil’s Amazon Fund, an international conservation initiative set up with Germany and Norway, as part of the South American nation’s efforts to end deforestation in the world’s largest rainforest by 2030, according to a White House statement Thursday.