Germany pledges $222 million for Brazil environment

German on Monday pledged $222 millionfor environmental policies in Brazil.Of this, $38 million is a donation to the Amazon Fund, German development minister Svenja Schulze told reporters in capital Brasilia.

Lula, who took office in January, pledged to end all deforestation by 2030.His four-year term ends in December 2026.Germany also pledged to provide $87 million in low-interest loans for farmers to restore degraded areas and $34 million for Amazon states to protect the rainforest.