The UAE has pledged $40 million for environmental projects in Brazil, focusing on indigenous livelihoods and plastic pollution. Through the Erth Zayed Philanthropies, this initiative honors Sheikh Zayed’s legacy and enhances bilateral relations. Notable foundations will support the effort, with emphasis on cooperation to address environmental and social challenges. The funding aligns with Brazil’s upcoming role in climate discussions.
The United Arab Emirates (UAE) has committed to invest $40 million in various environmental initiatives across Brazil. These funds will be administered by the Erth Zayed Philanthropies and aim to enhance sustainable livelihoods for indigenous peoples in the Amazon and address issues related to plastic waste. The Erth Zayed Philanthropies, launched by President Sheikh Mohamed last October, seeks to continue the philanthropic legacy of the late Sheikh Zayed bin Sultan Al Nahyan and inspire future generations.
The funding will be complemented by contributions from several foundations associated with Sheikh Zayed’s legacy, including the Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation and the Khalifa Bin Zayed Al Nahyan Foundation. Sheikh Theyab bin Mohamed, the chairman of the Erth Zayed Philanthropies, emphasized the significance of collaborative efforts among organizations to tackle critical environmental and social challenges effectively.
In celebration of over 50 years of diplomatic relations, Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, reiterated the strong partnership between Brazil and the UAE, especially in the field of renewable energy. As Brazil prepares to host the UN COP30 climate talks in November, these funding initiatives align with wider global efforts to meet climate targets set out in the Paris Agreement.
The commitment from the UAE to invest in Brazil’s environmental projects is indicative of both countries’ dedication to sustainable development and international cooperation. The Erth Zayed Philanthropies was created to support philanthropic efforts inspired by the UAE’s founding father, showcasing a long-term vision for humanitarian and environmental aid. This partnership not only strengthens bilateral relations but also aims to address pressing global issues such as climate change and community resilience.
The UAE’s $40 million investment in Brazil through the Erth Zayed Philanthropies underscores a significant commitment to environmental stewardship and sustainable development. By targeting crucial areas such as plastic pollution and indigenous livelihood enhancement, this initiative reflects a proactive approach to global environmental challenges. As both nations continue to collaborate, this investment marks a pivotal step towards fulfilling shared goals for climate action and community support on an international scale.
Original Source: www.thenationalnews.com
