Funds aim to shield millions of hectares
During the G20 summit in Rio de Janeiro, an announcement from the President marked a significant commitment by USAID to the Brazilian Amazon. With a pledge of nearly $40 million, USAID aims to protect over 42 million hectares of forest and Indigenous lands.
The funds are designated for a range of activities across the Brazilian Amazon's nine states. These include enhancing forest fire management techniques, fostering regenerative agricultural practices in high-deforestation risk areas, and improving land use management in Indigenous territories.
Additionally, the initiatives will strengthen local bioeconomy value chains, ensuring that economic growth does not come at the expense of environmental degradation.