Biden Visits Amazon, Announces $11 Billion Annual Climate Finance by 2024 and $37.5 Million Reforestation Loan in Brazil.

President Joe Biden’s historic November 17 touchdown in Manaus marked an environmental policy watershed, as the 81-year-old leader became the first sitting U.S. president to witness the Amazon’s vastness – and its vulnerability. The visit coincided with confirmation that U.S. international climate finance reached $11 billion annually by 2024, a dramatic increase from $1.5 billion in fiscal year 2021. During an aerial survey over the Negro River tributary, Biden observed severe erosion patterns, grounded vessels, and expansive fire damage, accompanied by Nobel laureate Carlos Nobre. The drought’s severity has left thousands of river communities isolated, with fishing operations crippled and … Continue reading Biden Visits Amazon, Announces $11 Billion Annual Climate Finance by 2024 and $37.5 Million Reforestation Loan in Brazil.