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Germany says ready to resume Brazil deforestation aid after Lula victory

Brazil's president says Maduro should consider new Venezuela vote
Source: Video Screenshot
Key takeaways by Insider Paper
  • Germany ready to resume frozen financial aid to Brazil's Amazon Fund after Lula's victory.
  • Berlin will discuss payment details with Brazil's transition team; timing of resumption not yet clear.
  • Norway already announced resumption of Amazon protection subsidies earlier in the week.
  • Payments were halted after deforestation surged under Jair Bolsonaro's far right, climate skeptic government.
  • Lula pledges to fight for zero deforestation and reclaim Brazil's role in addressing the climate crisis, per article.

Germany said Wednesday it was ready to resume sending financial aid to Brazil to combat deforestation following Luiz Inacio Lula da Silva’s election triumph, after a similar move by Norway.

“We are in principle prepared to release the frozen funds,” said a development ministry spokesman in Berlin. “We will now talk to the transition team in Brazil about the details.”

He was referring to aid paid by Germany into the Amazon Fund for Forest Conservation and Climate Protection, considered one of the main tools to reduce deforestation in the planet’s biggest tropical forest.

The spokesman said it was not yet clear when payments would resume but added that “in the German government, there is a great will to reach out quickly”.

Germany, along with the fund’s biggest donor Norway, had halted payments after deforestation surged under far-right, climate-sceptic leader Jair Bolsonaro.

Norway had already announced on Monday that it would resume sending Amazon protection subsidies to Brazil following Lula’s victory in the presidential elections.

Lula — who served as president between 2003 and 2011 — said after his election victory on Sunday that Brazil was “ready to reclaim its place in the fight against the climate crisis, especially the Amazon.”

He vowed to “fight for zero deforestation.”

Reducing deforestation is one of the solutions put forward by the UN International Panel on Climate Change (IPCC) to limit global warming to 1.5 degrees Celsius, in line with the targets of the Paris Accord.

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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