Arab Finance: The United Nations (UN) has chosen Brazil’s Amazonian city of Belem as the host of the COP30 climate change summit in 2025, the Brazilian government announced on May 26^th, as reported by Reuters.

“I have attended COPs in Egypt, Paris, Copenhagen and all people talk about is the Amazon, so I asked: why not host it in an Amazonian state, so you can know what the Amazon really is? That is very important," President Luiz Inacio Lula da Silva said.

Lula attended the COP27 in Egypt as president-elect, pledging to commit to conserving the Amazon’s rainforest.

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