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Amazon Fund

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environment2 years ago

"Biden Commits Billions to Global Climate Efforts and Amazon Deforestation"

US President Joe Biden has pledged $500 million to the Amazon Fund to protect the Amazon rainforest from deforestation and other climate-related activities over the next five years. The Amazon Fund uses foreign funds for projects that fight deforestation and preserve the environment in the Amazon. Biden also promised a $1 billion contribution to the Green Climate Fund. Biden welcomed Colombian President Gustavo Petro to the White House to discuss efforts to combat narcotics trafficking and address historic levels of migration in the hemisphere.

via CNN|
#amazon-fund#climate-change#colombia
climate-change2 years ago

Biden Commits Billions to Global Climate Action in Major Economies Forum Meeting.

President Joe Biden announced plans to increase U.S. funding to help developing countries fight climate change and curb deforestation in Brazil's Amazon rainforest during a meeting with leaders from the world's largest economies. Biden urged his counterparts to be ambitious in setting goals to reduce emissions and meet a target of limiting overall global warming to 1.5 degrees Celsius. Biden announced a U.S. contribution of $1 billion to the Green Climate Fund, which finances projects on clean energy and climate change resilience in developing countries, doubling the overall U.S. contribution. He also announced plans to request $500 million over five years to contribute to the Amazon Fund, which works to combat deforestation in the Brazilian Amazon, and related activities.

via Reuters|
#amazon-fund#climate-change#emissions-reduction
environment2 years ago

Biden to pledge climate funds for deforestation and climate change in meeting with world leaders.

President Biden is set to pledge $500 million over five years to fight deforestation in Brazil, making the US one of the largest donors to the global Amazon Fund. However, the pledge would require approval from Congress, where Republicans are overwhelmingly opposed to international climate assistance. The Amazon Fund was established by Brazil in 2008 and has bankrolled efforts to curb deforestation in the world’s largest rainforest. The US is also expected to call on other countries to contribute to the fund.

via The New York Times|
#amazon-fund#biden#brazil