The Amazon Fund will be restarted at the beginning of next year, says Norwegian minister.
The fund, which contains $542 million for rainforest protection, was frozen by President Jair Bolsonaro.
SHARM EL-SHEIKH, Egypt (Reuters) The Amazon Fund, backed by Norway and created to help protect the Amazon rainforest, will be restarted "very soon after January 1st," Norwegian Environment Minister Espen Barth Eide told Reuters on Thursday.
The fund, which contains $542 million for rainforest protection, was frozen by President Jair Bolsonaro.
Eide said that aid should resume soon after President-elect Luiz Inácio Lula da Silva takes office, which will happen on January 1, 2023.
Eide met with Lula on Thursday morning during the United Nations (UN) climate summit COP27, held in Egypt.
Norway is the largest donor to the fund.
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