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Despite Brazil's absence from UN summit, other countries pledge US$500M for tropical rainforests

The Brazilian Amazon is facing its worst spate of forest fires since 2010, prompting a global outcry and worries that destruction of parts of the world’s largest rainforest could hurt demand for Brazil’s exports.

Leaders of the Group of Seven wealthy nations in August offered $20 million of emergency aid to help fight Amazon fires, a gesture Brazil at the time criticized as colonialist.

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