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Developed nations should finance environmental preservation, says Brazilian president

The president of Brazil, Luiz Inácio Lula da Silva, said Saturday that developed nations must compensate less developed countries to collaborate to preserve the environment.

"Rich nations need to understand that they have a debt in the emission of carbon dioxide gas, and therefore they must advance resources by paying that debt so that we can preserve our forests," Lula assured the Brazilian press from London, where he attended the coronation of King Charles III.

Lula commented on the United Kingdom's commitment to contribute to the Amazon Fund. This Brazilian mechanism receives resources from other countries to develop . . .

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