Twelve countries from the Amazon, Congo Basin, and Southeast Asia regions, called on wealthy nations to fulfill their climate funding commitments at the Amazon Summit in Brazil, Al Jazeera reports.
The “United for Our Forests” pact urged developed nations to provide $200 billion annually for biodiversity preservation and expressed concern about the unfulfilled commitment of $100 billion in annual climate financing.
The leaders also criticized trade restrictions disguised as environmental measures, possibly referring to the EU’s ban on goods linked to deforestation.
A day earlier, the Amazon Cooperation Treaty Organization (ACTO) adopted the Belem Declaration to save the South American rainforest.
However, the agreement fell short of committing to end illegal deforestation by 2030 or establishing a deadline for ending illegal gold mining.
