Germany has signed a series of deals with Brazil to collaborate on renewable energy and sustainable development projects.
Signed by German Chancellor Angela Merkel and Brazil President Dilma Rousseff, the agreements include a joint declaration for climate change action plan.
Merkel was quoted by IANS as saying: "We are interested in cooperating in renewable energies and also in providing all support in the area of infrastructure and transmission lines."
The countries will jointly promote development of bio-fuels and mixed fuel vehicles as well as exchange renewable energy experiences.
Germany has agreed to finance around €500m in environmental and clean energy projects in Brazil, and provide $588m loans to the South American nation to develop renewable energy sources and preserve tropical forests, reported Reuters.
Separately, the European Union (EU) has asked key G20 countries, including Argentina, Brazil, India, Indonesia, Saudi Arabia, South Africa and Turkey, to submit their emissions reductions targets prior to the United Nations (UN) climate summit, which is planned to be held in Paris later this year.
European Climate Action and Energy Commissioner Miguel Arias said: "We must have a clear idea of the aggregate effort before we meet in Paris and where we stand with regards to the below 2° objective."
Image: Germany will provide around €500m for environmental and clean energy projects in Brazil. Photo: courtesy of Anusorn P nachol / FreeDigitalPhotos.net.