The plan is to establish an Exchange Traded Fund (ETF) and distribute its shares before COP 30, which will take place in Belém, Brazil, in November 2025.
The initial order consists of 90 planes, each with 76 seats. If all purchase options are exercised, the deal could exceed $7 billion.
The Amazon Fund aims to provide national and international support for projects for the conservation and sustainable use of forests in the Legal Amazon.
The Development Bank of Latin America and the Caribbean (CAF) is backing the establishment of the museum, which will be a center for scientific and cultural dissemination.
The funds are part of the Maritime Spatial Planning (PEM) initiative, which encompasses approximately 82% of Brazil's ocean economy, also known as the blue economy.
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