Lula and Macron announce R$5 billion investment plan for the Amazon

Lula and Macron announce R$5 billion investment plan for the Amazon

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Lula, Cacique Raoni and Macron during an event this Tuesday (26) in Belém, Pará.| Photo: EFE/Sebastiao Moreira.

President Luiz Inácio Lula da Silva (PT) and French President Emmanuel Macron announced an investment plan of more than R$5 billion (€1 billion) for sustainable economy projects in the Brazilian Amazon and French Guiana. The PT member received Macron in Belém (PA), the city that will host COP30, in November 2025.

The bioeconomy investment program aims to raise the amount over the next four years. The plan establishes a “technical and financial partnership” between Brazilian public banks, including BASA and BNDES, and the French Development Agency.

In a statement, Palácio do Planalto informed that a new scientific agreement will be signed between France and Brazil, operated by the Center for International Cooperation in Agricultural Research for Development (Cirad) and Embrapa, which will enable the development of new research projects .

According to the government, the plan should allow investments in the conservation and sustainable management of forests, in agroecological practices, in the creation of jobs and in the research necessary to develop sustainable industries, with high potential in the domestic and foreign markets.

This afternoon, the two presidents were on Combú Island, where they visited local communities. During the event, Macron awarded the National Order of the Legion of Honor to the indigenous leader of the Kayapó ethnic group, chief Raoni Metuktire. This is the highest honor granted by France to its citizens and foreigners who stand out for their activities on the global stage.

Macron has a schedule in Brazil until this Thursday (28) and will also visit Itaguaí (RJ), São Paulo (SP) and Brasília (DF). Planalto stated that, with the exception of São Paulo, Lula will accompany the French president in all cities.

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