Germany's Chancellor Friedrich Merz supports a Brazilian initiative to conserve endangered forests, pledging significant funding at COP30 talks near the Amazon. The Tropical Forest Forever Facility aims to raise $125 billion to compensate developing countries for forest conservation. While many governments back the initiative, some notable absences in pledges were observed. The fund seeks to incentivize forest preservation through a structured governance model, benefiting Indigenous peoples. The EU is also collaborating with Brazil to unify global carbon markets and establish a carbon pricing framework. Teljes cikk (Euronews.com)