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Brazilian minister seeks EU support for new forest protection fund

Euronews · Just In
Euronews
Euronews
Just In

In an exclusive interview with Euronews, Sonia Guajajara defended the new funding mechanism to be officially launched at COP30 in Brazil.

Breakdown
  • Brazil is seeking support for a new fund to protect tropical forests ahead of COP30.
  • The fund aims to provide annual payments to developed countries for maintaining or increasing forest areas. 17s
  • Brazil is calling for European Union countries to contribute financially to the initiative. 27s
  • The fund targets $125 billion, with $100 billion from private sources and 20% allocated to indigenous and local communities. 1m 4s
  • President Lula da Silva has pledged a $1 billion contribution from Brazil. 1m 46s
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