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