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Environmental, Campaign & Website News > Brazil launches rainforest fund

Brazil launches rainforest fund

Date : 1st August 2008, Source : BBC Link to News Story

Brazilian President Luis Inacio Lula da Silva has launched an international fund to protect the Amazon rainforest and help combat climate change. The fund will promote alternatives to forest-clearing for people living in the Amazon, and support conservation and sustainable development. Officials will seek donations abroad and aim to raise $21bn (11bn) by 2021. But a government minister said Brazil would not accept foreign interference in its Amazon policy. The environmental group Greenpeace said it was the first time Brazil had accepted a link between global warming and preserving the rainforest.

Document last updated on Wednesday 01 August 2018

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