According to the advertisement, or chamado TeamEurope, which includes the bloc's countries and institutions such as the European Investment Bank, will coordinate the 260 million euros already prometaken by Spain, Italy, Sweden, France, Germany and the Netherlands to contain the deforestation.
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The EU also revealed that it will add a second amount, the value of which has not been clarified, to protect the Amazon of logging. The block had alreadypromepreviously had to invest 45 billion euros in Latin America until 2027 under the project global gateway.
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