Italy has pledged 100 million euros to the COP28 climate damage fund, as announced by Prime Minister Meloni. Additionally, Brazil has proposed a global forest conservation fund at COP28. In response to the need for costly restoration, global corporations are purchasing carbon credits to finance the expensive restoration of Brazil's rainforest. Brazil has also launched a $204 million drive to restore the Amazon rainforest, with the aim of conserving rainforests as a global public good. The ambitious Brazilian plan aims to garner support for rainforest conservation at COP28.
Rainforests provide a global public good. So the world should pay to conserve them. An ambitious Brazilian plan launched at #COP28 could help https://t.co/84aTYGmdbc 👇
Brazil launches $204 million drive to restore Amazon rainforest https://t.co/Ynuo4ETfwU https://t.co/QF8IApeXAR
With global corporations willing to pay top dollar to offset their pollution, companies are selling carbon credits to finance the expensive restoration of Brazil’s rainforest https://t.co/MocrHiyq4j https://t.co/MocrHiyq4j
Brazil proposes global forest conservation fund at COP28 https://t.co/n8276ScMil https://t.co/FjiyMnKXaU
Italy pledges 100 mln euros to COP28 climate damage fund, PM Meloni says https://t.co/5VfRQriUBy https://t.co/QDdSFChWXM
Italy pledges 100 mln euros to COP28 climate damage fund, PM Meloni says https://t.co/R5IbhWQteo https://t.co/NjW4a3vqC4
Italy pledges 100 mln euros to COP28 climate damage fund, PM Meloni says https://t.co/nSzpJ5Awx1 https://t.co/4UWHiwkxMA