SAO PAULO (AP) — Brazilian President Luiz Inácio Lula da Silva and French President Emmanuel Macron have announced a joint plan to invest 1 billion euros ($1.1 billion) in the Amazon rainforest, including areas in French Guiana. The investment, to be spread over the next four years, aims to protect the rainforest and will involve collaboration between state-run Brazilian banks and France's investment agency, with the possibility of private resources being welcomed.
The meeting between the two leaders is seen as an effort to revive the relationship between Brazil and France, following years of tensions with former President Jair Bolsonaro. The focus is on deepening cooperation to protect the rainforest and enhance trade relations.
