- Biden seeks $500 million over 5 years for Brazil's Amazon Fund.
- Money to support Brazil's efforts to end deforestation by 2030.
- US-Brazil tensions over Ukraine and China.
- Environmental policy key point of agreement between Biden and Lula.
- US contributions could reach $2 billion with private funding.
Biden Seeks $500 Million for Brazil’s Amazon Rainforest in Gesture to Lula
US President Joe Biden is seeking $500 million to bolster Brazil’s strategy to protect the Amazon, a gesture to his counterpart Luiz Inacio Lula da Silva amid recent tensions over Russia’s invasion of Ukraine and relations with China.
