Brazil Sees US Tariffs Damaging Efforts to Combat Climate Change

April 4, 2025, 11:42 AM UTC

Brazil’s Environment Minister Marina Silva said US President Donald Trump’s trade tariffs could hurt her government’s goal of securing much-needed financing to combat climate change.

“Tariff wars are not good for anyone,” Silva said at a press conference late on Thursday. “They cause countries to start shifting resources that could be used for climate finance and can be now be redirected.”

Brazil will host the United Nations COP30 summit this year in the northern city of Belem, and the nation plans to mobilize $1.3 trillion per year to mitigate effects of climate change. At last year’s COP29 conference ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.