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Biden Seeks $500 Million for Brazil’s Amazon Rainforest in Gesture to Lula

Biden seeks $500 million for Brazil's Amazon Fund to support efforts to end deforestation by 2030 amid US-Brazil tensions over Ukraine and China. US contributions could reach $2 billion.

  • 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.

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