Ireland has joined as the eighth donor to Brazil's Amazon Fund, contributing € 15 million, it was reported Thursday. The fund, managed by Brazil's National Bank for Economic and Social Development (BNDES), supports conservation, monitoring, and sustainable development in the Amazon and has financed 123 projects since 2009. In 2024 alone, R$ 200 million (US$ 34.4 million at the current exchange rate) was allocated, aiding efforts to reduce deforestation, which dropped over 45% compared to 2022. Environment Minister Marina Silva emphasized that Ireland's support recognizes Brazil's achievements in combating deforestation and climate change, while the fund continues to attract international partners committed to sustainability.
Add your comment!French President Emmanuel Macron Saturday pledged € 500 million over the next three years to Brazil's Amazon Fund, while the United Kingdom announced an additional £ 35 million (around € 40.78 million) in addition to the £ 80 million (€ 93.22 million) it had already announced in May, Agencia Brasil reported.