Brazil Is Disappointed with the US Offer for the Amazon Fund

A figure of US$ 50 million was not included in the joint statement by Presidents Lula and Biden


The US government has offered around US$ 50 million for environmental cooperation with Brazil, a figure that Brazilian negotiators defined as disappointing. Therefore, the value was not mentioned in the joint communiqué of the visit of Luiz Inácio Lula da Silva (PT) to the White House, this Friday (10).

TOPSHOT - US President Joe Biden and Brazilian President Luiz Inacio Lula da Silva walk to the Oval Office for a meetinig at the White House in Washington, DC, on February 10, 2023. (Photo by Alex Brandon / POOL / AFP) - AFP

Given all the emphasis on the importance of the environmental issue and the announcement that the USA will become part of the Amazon Fund, the Brazilian government expected the Americans to offer a more significant amount. The value would not only be for the initiative, but also for other types of partnerships.

The American government is expected to show greater ambition during John Kerry's visit to Brazil, the special envoy for the climate, who should come to the country at the end of February. The figure considered by Washington is lower than that offered by Germany by Prime Minister Olaf Scholz, of € 200 million, for environmental actions in general and well below the US$ 570 million promised by Norway to the Lula government.

From 2008 to 2018, the country invested US$ 590 million, until the fund was frozen during the Bolsonaro government.

Translated by Cassy Dias

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