00:00With exactly one month to go until COP30 in Belen, Brazil's government is seeking to generate support for a new fund to protect tropical forests.
00:12In an exclusive interview with Euronews, the country's Minister for Indigenous Peoples said the mechanism will provide annual payments to developed countries as a reward for maintaining or increasing forest areas.
00:27Sônia Guajajara is calling for support from European countries.
00:55The initiative proposes an innovative financing model for conservation, backed by a 125 billion dollar fund.
01:05A 100 billion of that will come from private funding and the rest from government funds and donations.
01:1220% of these funds will go to indigenous peoples and local communities.
01:17Comprovadamente, os territórios indÃgenas, os povos indÃgenas, são os que mais preservam a biodiversidade, as florestas e que têm essa contribuição muito significativa para o equilÃbrio do clima a partir do seu próprio modo de vida.
01:40At a meeting on the sideline of the United Nations General Assembly in New York, Brazil's President Lula da Silva confirmed that Brazil would contribute 1 billion dollars to the fund.
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