US election puts millions on the line for Amazon rainforest fund

Quick Summary:

With the rainforest on fire, the Amazon Fund could lose support if Trump wins the presidency.

The money is channelled through the Amazon Fund, an international mechanism to direct aid to projects that halt and reverse deforestation, backed mainly by European donors, including Norway and Germany.

Republicans are unlikely to approve the rest of the promised money to the Amazon Fund if they keep their majority in the House of Representatives after the election, analysts said.

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Article Details

Category: EconomyBusiness

Markets: SingaporeBrazilGermanyNorwayOmanUnited KingdomUnited States

Topics: Deforestation Wildfires Conservation International cooperation Natural resources Investment Forests Emissions Reforestation Financing Global warming Aid Paris Agreement Indigenous peoples Climate finance Elections Climate justice Biodiversity Climate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 02:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1145 words

Reading Time: 7 minutes read

Sentences: 37 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 23390033

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Year Established: 2009

Headquarters: Singapore

News Last Updated: 1 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #100

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