Wednesday, July 16, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World Canada

The presidents of France and Brazil meet and announce a $1.1 billion investment plan for the Amazon

26 March 2024
in Canada
0 0
The presidents of France and Brazil meet and announce a .1 billion investment plan for the Amazon
Share on FacebookShare on Twitter


SAO PAULO (AP) — The Brazilian and the French presidents on Tuesday announced a plan to invest 1 billion euros ($1.1 billion) in the Amazon, including parts of the rainforest in neighboring French Guiana.

The two countries’ governments said in a joint-statement the money will be spread over the next four years to protect the rainforest. It will be a collaboration of state-run Brazilian banks and France’s investment agency. Private resources will also be welcomed, Brazil and France said.

French President Emmanuel Macron’s and his Brazilian counterpart Luiz Inácio Lula da Silva are meeting this week to revive the relationship between the countries after years of frictions with former President Jair Bolsonaro, deepen cooperation to protect the rainforest and boost trade.

Macron started his three-day visit to Brazil in the Amazon city of Belem, where he met his long-time ally Lula. The French president then took a boat to the Combu island to meet with Indigenous leaders.

Both Macron and Lula saw a protest by Greenpeace Brazil with banners that read “No oil in the Amazon.” Brazil’s government has contemplated allowing the tapping of oil in a region close to the Para state, where Belem lies.

Lula said during a speech that Macron’s visit is part of a global effort to beef up rainforest protections.

“We want to convince those who have already deforested that they need to contribute in an important way to countries that still have their forests to keep them standing,” Lula said in a speech next to the French president.

Macron’s office prior said to the trip that a potential European trade deal with the South American bloc Mercosur won’t be on the agenda. The French president is an opponent of such an agreement as long as South American producers don’t respect the same environment and health standards as Europeans, after farmers raised concerns during protests across France and Europe.

The French president decorated Indigenous leader Raoni Metuktire with the prestigious Legion of Honor medal for efforts at conserving the rainforest.

“You were in Europe and I promised to come here to your forest and be with your people in this forest that is coveted,” Macron told the Indigenous leader, according to French radio RFI. “President Lula and I have a common cause for one of our friends in this land that belongs to you.”

Lula and Macron will seek to “set a common course” to fight both climate change and poverty, Macron’s office said, as Brazil is to host the summit of the Group of 20 leading economies in Rio de Janeiro in November and UN climate talks in Belem next year.

On Wednesday, Macron and Lula will launch a diesel-powered submarine built in Brazil with French technology at the Itaguai shipyard outside Rio de Janeiro. The French president will then head to metropolis Sao Paulo to meet with Brazilian investors. On Thursday, the French president will head to Brasilia to again meet with Lula.

____ Corbet reported from Paris.

Mauricio Savarese And Sylvie Corbet, The Associated Press



Source link

Tags: AmazonannounceBillionBrazilFranceInvestmentMeetplanpresidents
Previous Post

Baltimore Bridge Collapse Creates Upheaval at Largest U.S. Port for Car Trade

Next Post

How to spot if your child has befriended a bully — and what you can do about it

Related Posts

'She thought she was safe here': Ghanaian woman killed in Hamilton shooting remembered as honest and kind
Canada

'She thought she was safe here': Ghanaian woman killed in Hamilton shooting remembered as honest and kind

by My News Wave
16 July 2025
0

Belinda Sarkodie, who fled Ghana for Canada in 2024, was tragically killed in Hamilton while waiting for a bus with a friend; police have described her as an "innocent bystander." Authorities are actively searching for a 17-year-old suspect involved in the incident. Explain It To Me Like I'm 5: Belinda Sarkodie, a woman from Ghana who came to Canada for safety, was sadly hurt while waiting for a bus with a friend, and the police...

Read more
DND to start construction on new F-35 hangars despite review
Canada

DND to start construction on new F-35 hangars despite review

by My News Wave
15 July 2025
0

The Department of National Defence is investing $500 million in two new F-35 hangars, with total infrastructure costs expected to exceed $2 billion, as Canada reviews its $19 billion purchase of 88 F-35s amid rising tensions with the U.S. Construction will begin soon in Cold Lake and Bagotville, but the delivery of the first jets has been delayed until 2026, with costs having surged to $27.7 billion. Explain It To Me Like I'm 5: The...

Read more
B.C. child watchdog urges more progress 1 year after report into 11-year-old boy's torture and death
Canada

B.C. child watchdog urges more progress 1 year after report into 11-year-old boy's torture and death

by My News Wave
15 July 2025
0

One year after a pivotal report addressing the tragic death of an 11-year-old Indigenous boy in foster care, British Columbia's representative for children and youth, Jennifer Charlesworth, asserts that the NDP government still has significant progress to make in enhancing the welfare of vulnerable children. The follow-up report highlights alarming burnout rates among social workers in the Ministry of Children and Family. Explain It To Me Like I'm 5: After a sad story about a...

Read more
Appeal court reserves decision on fate of B.C. ostrich farm as spokesperson thanks RFK Jr.
Canada

Appeal court reserves decision on fate of B.C. ostrich farm as spokesperson thanks RFK Jr.

by My News Wave
15 July 2025
0

The Federal Court of Appeal heard a case from a British Columbia ostrich farm challenging a government-ordered cull of its flock due to avian flu, amid criticisms of potential government overreach from both Canadian and U.S. observers. The outcome could significantly impact the farm's operations and the broader agricultural sector's response to animal health crises. Explain It To Me Like I'm 5: A woman named Katie is watching ostriches on her mom's farm while they...

Read more
What you need to know to understand air quality warnings in Canada
Canada

What you need to know to understand air quality warnings in Canada

by My News Wave
15 July 2025
0

Wildfires in Canada are increasing, leading to more smoke and air quality warnings. The Air Quality Health Index (AQHI) helps assess air quality's impact on health, with higher levels indicating greater risks, particularly for vulnerable groups; immediate effects include respiratory issues, while long-term exposure may harm lung function and overall health. Explain It To Me Like I'm 5: Wildfires are becoming more frequent in Canada, leading to increased smoke and air quality warnings, which can...

Read more
Despite calls for change, Poilievre's campaign manager keeps an advisory role, firm on party payroll
Canada

Despite calls for change, Poilievre's campaign manager keeps an advisory role, firm on party payroll

by My News Wave
15 July 2025
0

Conservative Leader Pierre Poilievre faces pressure to reassess his team following the party's recent election loss, while campaign manager Jenni Byrne remains an advisor but with a less prominent role. Despite discussions about her future, the party confirmed she continues in her position, focusing on key issues such as Poilievre's upcoming byelection and leadership review. Explain It To Me Like I'm 5: Conservative Leader Pierre Poilievre is facing pressure to reconsider his campaign advisor Jenni...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • BBC pay 2024-2025: The full list of star salaries
  • Former Army officer pleads guilty to sharing classified Ukraine war info on date site
  • Deepfakes. Fake Recruiters. Cloned CFOs — Learn How to Stop AI-Driven Attacks in Real Time
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In