Amazon Summit calls for fulfillment of funding pledges

The summit that brought together leaders and representatives of eight Amazonian countries on Tuesday “called” the most developed nations to fulfill their obligation to finance the care and preservation of forests, adopted at various world forums.

The request appears in item 35 Belém Declarationthe Brazilian city where the presidents and envoys are Member States of the Amazon Cooperation Treaty Organization (OTCA): Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela.

“Encourage developed countries to fulfill their obligations to secure and mobilize resources, including the mobilization objective 100,000 million dollars (91,260 million euros at today’s exchange rate) per year in climate change financing,” says point 35 of the summit’s final declaration.

This money, according to the Amazonian countries, will allow “support for the need to achieve significant progress in the discussions on the new quantified common goal of climate finance”.

This goal, according to the document, must be achieved by 2024, “given the urgent need to increase climate measures” and “taking into account the needs and priorities of developing countries.”

The Amazon Summitconvened by the Brazilian President, Luiz Inacio Lula da Silvathey gathered in the city white leaders Bolivia, Luis Arce; Colombia, Gustavo Petro, and Peru, Dina Boularte.

Venezuelan President, Nicolas Madurohe did not attend due to otitis and was represented by his vice president, delcy rodriguez.

Nor were they leaders Ecuador, Guillermo Lasso; Suriname, Chan Santokhi; and Guyana, Irfaan Alirepresented by members of their governments.

The Belém Declaration it contains 113 points, most of which lay the foundations for new forms of cooperation in favor of protecting the largest plant lungs on the planet and promoting sustainable development in this strategic region.

The summit will end this Wednesday, when delegations from Indonesia, Republic of Congo and Democratic Republic of Congoowners of huge tropical forests.

will also be present Saint Vincent and the Grenadines, which this year chairs the Community of Latin American and Caribbean States (Celac).as well as France (for French Guiana), and Germany and Norway, donors of the Amazon Fund that contributes to the care of forests in Brazil.

Source: Panama America

Amelia

Amelia

I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.

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