Skip next section Germany pledges €700 million for Brazil climate projects April 20, 2026 Germany pledges €700 million for Brazil climate projects   Brazil said Germany would contribute around €700 million (roughly $825 million) to climate and sustainable mobility projects, according to the state development bank BNDES, as reported by Reuters. The announcement came during president  Luiz Inacio Lula da Silva's two-day visit to Germany, which included talks on cooperation in areas such as raw materials, defense, technology and climate protection. The fund will support studies and finance projects aimed at tackling climate change, Lula said at a joint press conference earlier in the day. The two countries also signed a separate declaration of intent for an additional €200 million investment in sustainable mobility, according to a statement released by BNDES. Germany is a long-standing partner in Brazil’s environmental efforts, particularly in forest protection and climate finance.…