Brazil launches $204 million drive to restore Amazon rainforest
Brazil's national development bank (BNDES) on Saturday launched an effort to restore degraded or destroyed woodland amounting to 60,000 square km (23,160 square miles) - an area nearly the size of Latvia - in the Amazon rainforest by 2030. At the United Nations COP28 climate summit in Dubai, BNDES announced that the Arc of Restoration program, with funding of up to 1 billion reais ($205 million) through 2024, would also seek to capture 1.65 billion tons of carbon from the atmosphere by 2030. The Amazon is vital to curbing climate change because of the vast amount of planet-warming carbo...
Source: yahoo.com
