Ireland has committed €15 million ($16.3 million) to Brazil's Amazon Fund over the next three years, aiming to support efforts to combat deforestation in the world's largest tropical rainforest.
Ireland has become the latest donor to Brazil's Amazon Fund, contributing €15 million to support rainforest conservation and sustainable development. The pledge, announced on Wednesday, expands the number of donor countries to eight, including Norway, Germany, the United States, the United Kingdom, Denmark, Switzerland, and Japan.
Brazil's Environment Ministry stated that the donation will be disbursed over three years, further strengthening the fund managed by Brazil's development bank. The Amazon Fund has financed 123 projects with a total investment of 3.1 billion reais ($534.6 million) aimed at preventing deforestation, monitoring environmental threats, and fostering sustainable development initiatives.
The announcement was made in Sao Paulo during a meeting between Brazil's Environment Minister Marina Silva and Ireland's Transportation Minister Sean Canney. The Irish government has emphasized the importance of international cooperation in preserving the Amazon, a vital carbon sink for the planet.
The Amazon Fund plays a crucial role in Brazil's strategy to combat illegal logging and promote reforestation efforts. With climate concerns mounting, Ireland's contribution adds momentum to global conservation initiatives focused on protecting biodiversity and mitigating climate change.
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