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Brief
Summary:
Marina Silva, the Minister of the Environment and Climate Change of Brazil, and Annalena Baerbock, the Minister of Foreign Affairs of Germany, announced a 25 million euro deal (approximately 134 million reals) for the restoration of forests and sustainable management in the transition zone of the Amazon and Cerrado. The project is part of a package of 101.8 million euros (approximately 540 million reals) for environmental projects in Brazil, announced during President Lula's official visit to Berlin. The funds will support projects for the restoration of freshwater springs in the transition zone of the Cerrado and Amazon, which is crucial for water recharge. The project aims to help Brazil achieve its commitment to restoring 12 million hectares of land by 2030 under the Paris Agreement.
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