Germany resumes fund disbursement to protect Amazon rainforest ...Middle East

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Germany resumes fund disbursement to protect Amazon rainforest
RIO DE JANEIRO: Germany has resumed its aid payments for a fund to protect the rainforest in the Amazon region, after a four-year hiatus, reported dpa news. The German government has released €20 million (US$21 million), the German Embassy in Brasília and the Brazilian Development Bank (BNDES) announced on Thursday. In addition, the equivalent of around €520,000 was made available for the continuation of technical cooperation.The so-called Amazon Fund was created in 2008 by the Brazilian government and the BNDES to mobilize additional funds for the protection of the Amazon.However, Germany froze its payments due to disagreements over the use of the money under the government of then-presiden

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