Bolsonaro government signed an agreement with an agency that Trump calls ‘corrupt’
The signature was yesterday in Washington, the capital of the United States. And it was part of the official program of President Jair Bolsonaro’s visit to that country.
The agreement between Salles and USAID folder provided for work for the “launch of the first impact investment focused on the private sector -conducted biodiversity to the Amazon.” “The fund, to be financed largely by the private sector, intends to leverage US $ 100 million in investments in difficult-to-reach sectors and high risk to stimulate successful businesses that align with forest conservation and biodiversity,” he announced .
In a communication from the American Embassy, Trump’s diplomacy insisted that “the new fund will fill a crucial financing gap in providing access to credit and investments that will strengthen entrepreneurship, innovation, startups and sustainable value chains in the Amazon.”
“The two countries are still committed to an approach led by the private, financially viable and scalable sector, which is critical to the development of economic opportunities for local communities, while protecting precious natural resources and the biodiversity of the Amazon,” He highlighted.
In the letter of intent, obtained by Facto News, the two countries said that “they believe that, with the investment of impact in Brazil rapidly expanding, a financially viable and scalable approach led by the private sector can boost the financing of economic opportunities that preserve forests and biodiversity and also have positive impacts on local communities. “
“The risks and challenges for working in the Amazon have prevented most impact investors from expanding to the region. It is our mutual understanding that releasing private financing to sustainable companies in the Amazon strengthens the autonomy and well-being of communities and entrepreneurs who They depend on the forest in the Amazon, and creates opportunities for biodiversity conservation, land restoration and reduction of deforestation, which can lead to replacing illegal and unsustainable practices with legal and sustainable options, “he said.
