:strip_icc()/i.s3.glbimg.com/v1/AUTH_59edd422c0c84a879bd37670ae4f538a/internal_photos/bs/2023/E/D/ffOKcZQCeBH5LW7zJU3A/9d4787b0-eb5d-11ed-a142-ab0e42bfd9c3.jpg "The United Kingdom has announced that it will contribute to the Amazon Fund the world")
Values are yet to be announced.
Lula and Sunak met behind closed doors at Downing Street, the British Prime Minister’s official residence and office.
Bedista is in the UK for the coronation of King Charles III this Saturday (6).
- What is Amazon Fund?
According to Sunak, “Apart from football, we have a lot in common. I am happy to take this opportunity to announce that we are going to invest in the Amazon Fund. It is a great pleasure to have you here”.
In turn, Lula said his visit to the United Kingdom, in addition to the coronation, would be a gesture “to restore normalcy in Brazil-United Kingdom relations.”
“We have good relations, but it is very lacking in business relationship”.
“The country has been in isolation for six years. We now want to first resume the trade discussion, which has enormous potential to increase flow”.
“Second, the climate issue. Brazil has large reserves and has participated in climate meetings and a commitment to have zero deforestation in the Amazon by 2030”.
“What I say to all the rich countries is that they must comply with the agreements they signed in the COP editions. Poor countries need help to sustain their forests. I am very hopeful and grateful to be here. This bilateralism is very important. Important for us,” Lula added.
Amazon Finance
The United Kingdom is the fourth country to contribute to Amazon’s funding.
In April this year, the United States announced a US$500 million (R$ 2.5 billion) contribution to the fund.
Norway is the largest donor.
Launched in 2009, the Amazon Fund was created by the Nordic country to combat deforestation and promote sustainable development.
Funding was reactivated in January this year after Lula’s third term began – it was suspended during the first year of Jair Bolsonaro’s (PL) government because major donors Germany and Norway disagreed with the governance model.
From 2019 to 2022, deforestation in the Amazon increased by nearly 60% over the previous four years.
Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.