Brazil and France Commit $1.1 Billion to Amazon Rainforest Protection

The investment aims to boost trade and deepen cooperation after years of friction, marking a significant step in the fight against climate change.

Brazil and France have announced a $1.1 billion investment plan for the Amazon rainforest, including French Guiana, to be implemented over four years.
The plan involves state-run Brazilian banks and France's investment agency, with the addition of private resources.
Presidents Macron and Lula aim to revive their countries' relationship, deepen cooperation on rainforest protection, and boost trade.
The initiative is part of a broader effort to combat climate change and poverty, with Brazil set to host the G20 summit and UN climate talks in the coming years.
Macron's visit includes launching a diesel-powered submarine built in Brazil with French technology and meetings with Brazilian investors and political leaders.