The UK is interested in joining the Amazon fund

The UK is interested in joining the Amazon fund

The information was confirmed by Sen. Randolph Rodriguez (Rede-AP).

Randolph and Helder Barbalho meet the UK’s climate ministers, Graham Stewart, and environment minister, Therese Coffey. photo: disclosure/Twitter @randolfeap

After meeting with Brazilian representatives at the United Nations Climate Conference (COP27) in Egypt, such as Senator Randolph Rodriguez (Rede-AP) and Conservative Helder Barbalho (MDB), the UK government requested an official analysis so that the country participates in the Amazon fund. .

The news was confirmed by a Senator from Amapá who met Climate Minister Graham Stewart and Environment Minister Therese Coffey of the United Kingdom to discuss the importance of the Amazon Fund to preserving the world’s largest tropical forest. , which includes Norway and Germany as participants.

According to the parliamentarian, who incorporates the coordination of the Transitional Group on Regional Development, in talks with British ministers there has been interest in revitalizing and expanding Amazon fund financing.

Senator Randolph explained that “entering the United Kingdom means more resources for the development of our region.”

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The fund was established 14 years ago, and was paralyzed by the government of Jair Bolsonaro (PL) in 2019. Earlier this month, the Supreme Federal Court (STF) decided Reactivate the fund within a period of up to 60 daysand after the election of Luiz Inacio Lula da Silva (PT) as President of the Republic.

Norway and Germany have stated that they will resume investing in the fund, but if the Bolsonaro administration does not show itself by December 31, the German government has warned that it will withdraw the 35 million euro offer from the fund.

investment

The Amazon Fund is a fund that collects donations to be invested in actions aimed at preserving and monitoring the Amazon region. The National Development Bank (BNDES) is responsible for managing the investment of funds.

Read more:

Amazon Fund must be reactivated within 60 days, STF specifies

Francia Marquez says Brazil and Colombia will discuss creating a pro-Amazon joint fund

The Conference of the Parties decides to establish a fund to repair losses and damages to affected countries

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