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flag Carbon markets investor launches $1.5B "Race to Belém" initiative to protect the Amazon rainforest.

flag A $1.5 billion initiative called "Race to Belém" to protect the Amazon rainforest was launched by a carbon markets investor backed by Mercuria. flag The plan, led by Silvania, collaborates with Conservation International and The Nature Conservancy to sell credits tied to rainforest preservation. flag It involves working with Brazilian states, farmers, and communities to address deforestation and aims to prevent the Amazon from becoming a net carbon emitter.

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