France and Brazil announce $1.1 billion investment plan for the Amazon

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The Brazilian and the French presidents announced on Tuesday a plan to invest 1 billion euros ($1.1 billion) on the Amazon, including its part in neighboring French Guiana.

French President Emmanuel Macron, second left, flies a drone, accompanied by Brazil’s President Luiz Inacio Lula da Silva, right center, first lady Rosangela da Silva, and Gov. Helder Barbalho, left, on Combu Island, near Belem, Para state, Brazil, Tuesday, March 26, 2024. Macron is on a three-day official visit to Brazil.

Macron started his three-day visit to Brazil in the Amazon city of Belem, where he met his long-time ally Lula. The French president then took a boat to the Combu island to meet with Indigenous leaders.They fled kibbutzim after Hamas attacked. Now, many Israelis must decide whether to go back.Both Macron and Lula saw a protest by Greenpeace Brazil with banners that read “No oil in the Amazon.

Macron’s office prior said to the trip that a potential European trade deal with the South American bloc Mercosur won’t be on the agenda. The French president is an opponent of such an agreement as long as South American producers don’t respect the same environment and health standards as Europeans, after farmers raised concerns during protests across France and Europe.

 

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