U.S. And Brazil Agree To Private Development In Amazon

The US and Brazil held a strategic meeting to announce a $100 million investment over 11 years for Amazon biodiversity conservation, led by the private sector. Brazil's foreign minister emphasized the importance of economic development to protect the forest, highlighting the need for initiatives that create jobs and revenue. The Amazon has suffered from fires, and Brazil's President Bolsonaro faces criticism for inadequate forest protection, though his administration argues that conservation efforts often overlook business interests.

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