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DUBAI (Reuters) - Brazil on Friday unveiled a proposal at the COP28 climate summit to set up a global fund to finance forest conservation that it hope...

DUBAI (Reuters) - Brazil on Friday unveiled a proposal at the COP28 climate summit to set up a global fund to finance forest conservation that it hopes can raise $250 billion from sovereign wealth funds and other investors, including the oil indust...

By Jake Spring and Lisandra Paraguassu SAO PAULO (Reuters) - Brazil plans to propose a "huge" fund to pay for the conservation of tropical forests at ...

Brazil plans to propose a "huge" fund to pay for the conservation of tropical forests at the United Nations COP28 climate change summit that begins later this month in Dubai, the country's top climate negotiator said on Thursday. Countries agreed in the past year to establish a giant fund dedicated to biodiversity and another to pay for the destruction caused by climate change. Brazil is the world's largest rainforest nation and contains some 60% of the Amazon jungle.

Brazil plans to propose a huge fund to pay for the conservation of tropical forests at the United Nations COP28 climate change summit that begins later this month in Dubai, the country's top climate... -November 23, 2023 at 02:59 pm EST - MarketScreener