Germany's Chancellor Friedrich Merz has pledged support for a Brazilian initiative to support the conservation of the world's endangered forests, at international talks on the edge of the Amazon rainforest ahead of the annual United Nations climate conference, COP30.
The initiative, dubbed the Tropical Forest Forever Facility, drew $5.5 billion (€4.7 billion) in pledges, with Norway and France promising to join Brazil and Indonesia in investing.
Merz said that Germany would make a "considerable" pledge, but didn't specify an amount.
The fund eventually seeks
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