Canada Pledges Up to $392.5 Million for Brazil-led Tropical Forest Fund
Canada has pledged up to C$560 million ($392.5 million) over four years to the Brazilian-led Tropical Forests Forever Facility, the Canadian government said in a statement on Sunday. Canadian Prime Minister Mark Carney announced the commitment during a meeting with Brazilian President Luiz Inacio Lula da Silva on the sidelines of the Association of Southeast Asian Nations summit in Manila, Reuters reported. Canada said the contribution would help the fund to reach fundraising targets needed to begin operations and attract further public and private investment.
