Brazil seeks US$1 billion in foreign aid to curb Amazon deforestation by 30-40%: Environmental minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Brazil's environment minister wants US$1 billion in foreign aid from countries including the United States to help reduce deforestation in the ...

SAO PAULO: Brazil's environment minister wants US$1 billion in foreign aid from countries including the United States to help reduce deforestation in the Amazon between 30 per cent and 40 per cent, according to an interview published on Saturday in newspaper O Estado de Sao Paulo.

"The plan is US$1 billion over 12 months," the minister, Ricardo Salles, told the newspaper."If those resources were available to be used in that way , we can commit to a reduction of between 30 per cent and 40 per cent in 12 months."Brazil has been widely criticised for its failure to curb deforestation in the Amazon, the world's largest rainforest.

A third of the money would be used to fund actions to combat deforestation directly, Salles said, while the remaining two thirds would be used for economic development, to give people who have benefited from the rainforest alternative opportunities. He added that he had asked the United States for money and had also asked Norway"if they wanted to collaborate."

The military would remain in charge, Salles said, because it is cheaper to pay their daily rates than to hire full-time staffers at the environmental agency Ibama. The agency has suffered budget cuts under Bolsonaro."If we don't get the money, we will do the best we can with our resources, but I cannot commit to a specific percentage of reduction," Salles said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brazil seeks US$1 billion in foreign aid to curb Amazon deforestation by 30-40%: Environmental ministerBrazil's environment minister wants US$1 billion in foreign aid from countries including the United States to help reduce deforestation in the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Brazil justice gives health regulator 30 days to decide on Sputnik vaccineA Brazilian Supreme Court justice on Tuesday ordered health regulator Anvisa to decide within 30 days whether it would approve the emergency ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Kanye West sneakers shatter sale records at US$1.8mNEW YORK — A pair of Nike Air Yeezy 1s worn by rapper Kanye West sold for US$1.8 million (S$2.4 million), triple the previous record for sneakers, auction house Sotheby's said Monday, as the market for rare sports shoes soars.
Source: TODAYonline - 🏆 1. / 99 Read more »

Used electronics trading platform Aihuishou to raise up to US$1 billion in US IPO: SourcesHONG KONG: Chinese secondhand electronics trading platform Aihuishou is aiming to raise US$500 million to US$1 billion in a US initial public ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Microsoft to invest US$1 billion in Malaysia to set up data centres: PM Muhyiddin YassinKUALA LUMPUR: Microsoft Corporation will invest US$1 billion in Malaysia over the next five years as part of a new partnership with government ... More investments into malaysia equals more job opportunities, hopefully 🙏🏻
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »