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Biden pledges to work with Congress to fund protection of Amazon rainforest

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Joe Biden to miss COP28 kick-off in Dubai

Biden pledges to work with Congress to fund protection of Amazon rainforest

After meeting with Brazil’s new president Lula da Silva, US President Joe Biden has pledged to “work with Congress” to secure funding for the preservation of the Amazon rainforest.

Lula travelled to Washington, DC to meet with Biden at the White House, during which the United States “announced its intent to work with [the US] Congress to provide funds for programs to protect and conserve the Brazilian Amazon, including initial support for the Amazon Fund, and to leverage investments in this critical region,” according to the US government’s summary of the meeting.

The Brazilian Development Bank manages a fund called the Amazon Fund, which is used for indigenous forest management and small-scale farming initiatives aimed at protecting forests. Under Bolsonaro, the $1.2 billion fund was suspended, but it was reinstated on Lula’s first day in office. Norway and Germany provide the funding, and the UK is contemplating contributing as well. It has never before had financial support from the US.

Read Also: Biden urges Buhari, INEC to ensure free, fair elections in 2023

The president of Brazilian think-tank Talanoa Institute, Natalie Unterstell, told newsmen that a US donation to the Amazon Fund would be “a significant change in the way the US deals with climate finance for Brazil as it shifts the resources to Brazilian governance instead of acting through a cooperation agency.”

“It’s quite positive. This is an important gesture and a first step from the perspective of rebuilding the bilateral relationship between the countries. But we will need a billion-dollar strategy, not a million-dollar one, to achieve zero deforestation in this decade,” she added.

A collaborative working committee on climate change that was established in 2015 and then disbanded at the end of the year was reinstated by Biden and Lula.

The working group will consider ways to work together on issues like combating deforestation, promoting the use of clean energy, adapting to climate change, improving the economy, and making agriculture more climate-friendly.

Biden pledges to work with Congress to fund protection of Amazon rainforest
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Trump Victory Sparks Celebration in Florida, Disappointment for Harris Supporters

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Trump Victory Sparks Celebration in Florida, Disappointment for Harris Supporters

Jubilant supporters celebrated Donald Trump’s apparent victory in Florida early Wednesday as he claimed a return to the White House, despite most major news networks holding off on officially calling the race.

At an event in Palm Beach, Trump supporters reveled in the win projected by Fox News, cheering as the former president declared a “political victory that our country has never seen before.”

“I feel extraordinary,” said 68-year-old supporter Ted Sarvanis, dancing with arms in the air. “This is the greatest American political story in the history of the country.”

Joined by running mate J.D. Vance, Trump took the stage, celebrating his projected win. The atmosphere at the convention center was electric, with supporters sporting “Make America Great Again” caps and mingling in formal attire and Trump-themed clothing.

“I feel relieved. I was a little bit scared because you never know how things are going to turn out,” said Stacy Kurtz, 45.

In contrast, a far different scene unfolded for Vice President Kamala Harris’s supporters at Howard University in Washington, where they were hoping for a Democratic win.

As the night wore on and Trump gained electoral votes in key battleground states, disappointment swept through the crowd.

“I am scared, I am anxious now,” said Charlyn Anderson earlier in the evening.

Democratic watch parties in places like Atlanta and Pennsylvania grew somber as results rolled in, with Lynn Johnson, 65, expressing concern, “It’s going to be dangerous if he wins. I don’t feel safe.”

While Trump’s supporters celebrated a comeback, the mood among Democrats was marked by worry and disbelief.

“He’s a terrible candidate, so it just doesn’t make sense,” said Harris supporter Ken Brown.

The contrasting scenes highlighted the nation’s deep political divide on election night.

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Israel President Vows To Strengthen US-Israel ‘Ironclad Bond’ As Trump Claims Victory

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Israel’s President Isaac Herzog on Wednesday vowed to strengthen his country’s “ironclad bond” with the United States as he congratulated Donald Trump, who claimed victory in the US election.

“Congratulations to President @realDonaldTrump on your historic return to the White House… I look forward to working with you to strengthen the ironclad bond between our peoples, to build a future of peace and security for the Middle East, and to uphold our shared values,” Herzog said in a statement.

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Russia hosts 2-day BRICS summit in Kazan

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Russian President Vladimir Putin is hosting a summit of the BRICS inter-governmental organisation in the city of Kazan from Tuesday to Thursday.

The summit brings together 24 heads of state and government and is seen by Putin as part of an initiative to create a new world order to end the dominance of the U.S…

Prominent among the guests was Chinese President Xi Jinping.

Representatives from a total of 32 countries would attend.

The original members of BRICS are, Brazil, Russia, India, China and South Africa have been joined by the United Arab Emirates, Egypt, Ethiopia and Iran among others.

The status of Saudi Arabia is yet unclear.

Russia, which currently chairs the organisation, announced that Saudi Arabia would be accepted as a member country at the start of the year.

But there has been no confirmation from Riyadh, and Saudi Arabia would be represented at the summit by its foreign minister.

Kremlin spokesman Dmitri Peskov said Saudi Arabia’s status would be cleared up at the summit.

Turkey is to participate as an interested party.

Speaking ahead of the summit, Putin said a central aim would be promoting financial cooperation and providing an alternative to the SWIFT network, through which international payments are routed.

Many Russian banks were banned from the network after its invasion of Ukraine.

Setting up a joint bank is also on the BRICS agenda.

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