Germany to invest 550 million € in rainforest protection and renewable energies in Brazil in the upcoming two years

The German government has been supporting Brazilian efforts to control deforestation in the Amazon for several decades within the so called PPG7 program. Currently German Federal Development Cooperation cooperates with Brazil in financial and technical areas to foster rainforest protection. German chancellor Angela Merkel, who is currently visiting Brazil, complimented Brazilian Policy Makers for their efforts during the last years and their ambitious goal to stop deforestation until 2020 . At the same time she committed around 550 million € for investment in rainforest protection and renewable energies in the upcoming two years as German newspaper “Die Zeit” reports on their website.

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