President Joe Biden spoke today with President Luiz Inácio Lula da Silva of Brazil to continue joint efforts on priority global and regional issues to our two countries.
The two leaders spoke at length about cooperation on climate and preparations for COP28, including President Biden's commitment to request $500 million from Congress over five years to support the Amazon Fund and related activities, as well as ongoing efforts to help mobilize up to $1 billion to support the restoration of degraded lands in Brazil and the Amazon region through the U.S. International Development Finance Corporation.
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The President applauded Brazil's regional and global leadership on climate, including hosting the Amazon Summit and Amazon Dialogues to articulate a common agenda for sustainable development, combating deforestation, and addressing social and economic inequalities, as well as previewed U.S. plans for an upcoming "green trade mission" to Brazil in September to promote forest, land use, and energy investments.
President Biden and President Lula also committed to work together to advance and protect workers' rights, and to promote inclusive prosperity for our two countries and the world. They also committed to maintain active communication on the situation in Venezuela and Haiti.
