In a bid to slow deforestation in the Amazon, Brazil announced Tuesday that it will provide financial support to municipalities that have reduced deforestation rates the most.
During the country´s Amazon Day, President Luiz Inácio Lula da Silva also signed the creation of two Indigenous territories that total 207,000 hectares (511,000 acres) — over two times the size of New York City — and of a network of conservation areas next to the Yanonami Indigenous Territory to act as a buffer against invaders, mostly illegal gold miners.
